But, if the following “The approach you’re advocating seems to be a little like blaming drug addicts for buying drugs, rather than punishing dealers who push them.” is aimed at the Pundit, I would have to personally disagree with you (un-officially) on their behalf.

I read the Pundit daily, and have witnessed nothing short of a completely informed, un-biased look at our industry and more importantly the unscrupulous attacks and slander we face every day in the news and with current “protective” regulatory legislation.

In my opinion, the CFSA and the Pundit are advocates of personal responsibility across the board, for lenders, borrowers, legislators and the media…. a thankless and frustrating endeavor I would assume!! Also, unlike drug dealers, we offer a short-term credit option to adults who are responsible for every other financial decision in their life. Whereas drug dealers offer an illegal product usually resulting in chemical dependency for the user. Also, whereas drug dealers should in fact be punished for pushing illegal chemicals which harm people’s health and well being, we in the Payday Lending industry should be free to run a profitable business within a capitalist democracy within reason. (36% APR’s as we all know, are not within reason).

Again, my apologies if I had misunderstood the intended target of your comment Ben.

paydayadvanceforum,.com
synapticdatabase.com