Comment of the Day
February 25, 2010 | Uncategorized | Comments (1)Not to the Payday Pundit but posted under the St. Louis Post Dispatch story linked to below:
I’m for regulating anything where taxpayer funds are being used to support the business, like banks. If payday loan companies are using their own money, then they shouldn’t be regulated other than to make sure that no one lies to the customer and terms are noted prominently. The only thing I want to make sure is that all businesses play fair and tell you upfront what the deal is. If a person knows the deal and accepts it, then it’s a go in my book.
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It should be a go in everybody’s book. It’s called freedom.