Comment of the Day
June 30, 2009 | Uncategorized | Comments (0)Regarding the story yesterday about VA payday loans being down 80%:
Nice spin. The numbers of loans has dropped 80%. That is the number that were reported by legal, licensed lenders, but how have the number of loans changed by unregulated, unlicensed lenders on the internet? Only a fool would believe that those 80% magically found salvation and no longer have a need for short-term credit!!!
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