Flattened in Flathead
November 16, 2010 | Montana, regulation | Comments (2)From the story:
Several local short-term loan businesses in the Flathead are shutting their doors after voters passed an initiative capping the interest rates they can charge their customers.
Shelley Gould of Red D Cash in Evergreen said she will be closing after 10 years now that I-164 is in place, putting herself and another employee out of work.
“This is really, really a travesty,” Gould said. “(It’s) knocking on the door of free enterprise – shut down free enterprise if we don’t like what they’re doing.”
Well said.
Comments»
Well hello Montana, Ohio & Arizona…I’m your new lender:
http://seattletimes.nwsource.com/html/localnews/2013427831_hardmoney14.html?prmid=obinsource
[...] factually incorrect reporting that has led to thousands of payday loan workers losing their jobs. I posted just Monday about Montana stores closing, workers losing their [...]