They don’t get it
August 4, 2009 | Wisconsin, alternatives, industry | Comments (0)The Sheboygan Press today editorializes in favor of rate caps:
But if these firms are to compete with credit unions and banks for consumer loans, they should be willing to operate under similar regulations as do other financial institutions.
Say what? We posted two stories in the last two days regarding the cost of credit union alternatives. And only 31 banks participate in the FDIC small loan program.
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