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	<title>Payday Pundit &#187; Maryland</title>
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	<link>http://paydaypundit.org</link>
	<description>News and Information About The Payday Lending Industry</description>
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		<title>CFSA VP says Rate Caps Harm Consumers</title>
		<link>http://paydaypundit.org/2010/11/24/cfsa-vp-says-rate-caps-harm-consumers/</link>
		<comments>http://paydaypundit.org/2010/11/24/cfsa-vp-says-rate-caps-harm-consumers/#comments</comments>
		<pubDate>Wed, 24 Nov 2010 19:47:05 +0000</pubDate>
		<dc:creator>Payday Pundit</dc:creator>
				<category><![CDATA[Maryland]]></category>

		<guid isPermaLink="false">http://paydaypundit.org/?p=11838</guid>
		<description><![CDATA[A letter to the editor today in the Baltimore Sun from CFSA&#8217;s VP Rebecca Adler making the case for why rate caps harm consumers.]]></description>
			<content:encoded><![CDATA[<p><a href="http://articles.baltimoresun.com/2010-11-23/news/bs-ed-payday-lenders-letter-20101123_1_payday-lenders-community-financial-services-association-credit-options" target="_blank">A letter to the editor</a> today in the Baltimore Sun from CFSA&#8217;s VP Rebecca Adler making the case for why rate caps harm consumers.</p>
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		<item>
		<title>I smell you.</title>
		<link>http://paydaypundit.org/2010/03/08/i-smell-you/</link>
		<comments>http://paydaypundit.org/2010/03/08/i-smell-you/#comments</comments>
		<pubDate>Mon, 08 Mar 2010 17:41:54 +0000</pubDate>
		<dc:creator>Payday Pundit</dc:creator>
				<category><![CDATA[Maryland]]></category>

		<guid isPermaLink="false">http://paydaypundit.org/?p=7711</guid>
		<description><![CDATA[Another critic who can&#8217;t possibly understand why annual percentage rates shouldn&#8217;t be used to calculate interest on products that are NOT annual.  According to Sean Tully, payday loan fees don&#8217;t pass the &#8220;smell test.&#8221;  Well Sean, you&#8217;re not bed of roses yourself.  We wouldn&#8217;t want to challenge you with math.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.baltimoresun.com/news/opinion/editorial/bal-ed.loans0308,0,1901952.story" target="_blank">Another critic</a> who can&#8217;t possibly understand why annual percentage rates shouldn&#8217;t be used to calculate interest on products that are NOT annual.  According to Sean Tully, payday loan fees don&#8217;t pass the &#8220;smell test.&#8221;  Well Sean, you&#8217;re not bed of roses yourself.  We wouldn&#8217;t want to challenge you with math.</p>
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