http://paydaypundit.org/2010/02/10/more-in-wisconsin-bill/ News and Information About The Payday Lending Industry Fri, 18 Jun 2010 21:33:31 -0700 http://wordpress.org/?v=2.9 hourly 1 http://paydaypundit.org/2010/02/10/more-in-wisconsin-bill/comment-page-1/#comment-9540 Collector Wed, 10 Feb 2010 16:43:05 +0000 http://paydaypundit.org/?p=7276#comment-9540 First, I am so tired of the criticism referring to deferred loans as being "Predatory", it's awful funny that those who have the financial means and credit worthiness to pursue other options when in crisis can say this, but the minute they hit the poor house I bet they would be our number 1 client. We are NOT predatory, we follow all laws and regulations that govern this industry and follow what our respective states state is acceptable for finance charges, APR %, and the terms of the loan, heck they even tell us how big the font on our signage and contract needs to be. Point is this, these whiners won't know how valuable we are until they need to utilize our services. It's too bad that so many are against giving the public more options than just big banking products. First, I am so tired of the criticism referring to deferred loans as being “Predatory”, it’s awful funny that those who have the financial means and credit worthiness to pursue other options when in crisis can say this, but the minute they hit the poor house I bet they would be our number 1 client. We are NOT predatory, we follow all laws and regulations that govern this industry and follow what our respective states state is acceptable for finance charges, APR %, and the terms of the loan, heck they even tell us how big the font on our signage and contract needs to be. Point is this, these whiners won’t know how valuable we are until they need to utilize our services. It’s too bad that so many are against giving the public more options than just big banking products.

]]> http://paydaypundit.org/2010/02/10/more-in-wisconsin-bill/comment-page-1/#comment-9539 iowaoperator Wed, 10 Feb 2010 14:34:36 +0000 http://paydaypundit.org/?p=7276#comment-9539 Loophole? You mean like converting your company over to a LEGAL small-dollar loan company and operating under a different license? What a clown? I guess some of the bigger players like Citifinancial and some of the area banks are operating through a "Loophole?" Maybe shut them down too? Loophole? You mean like converting your company over to a LEGAL small-dollar loan company and operating under a different license? What a clown? I guess some of the bigger players like Citifinancial and some of the area banks are operating through a “Loophole?” Maybe shut them down too?

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