http://paydaypundit.org News and Information About The Payday Lending Industry Mon, 21 Jun 2010 21:00:48 +0000 http://wordpress.org/?v=2.9 en hourly 1 http://paydaypundit.org/2009/02/25/idiot/ http://paydaypundit.org/2009/02/25/idiot/#comments Wed, 25 Feb 2009 12:42:07 +0000 Payday Pundit http://paydaypundit.org/?p=2586 This smug, ignorant columnist, Darrin Garnick, thinks payday lenders left New Hampshire in a fit of spite.  No where in this column does the writer show any understanding of the costs of doing business under a 36% rate cap law, specifically, a $1.38 charge for every $100 loaned.  Note to Mr. Garnick: businesses seek profits.  They are not in the business of making loans at a loss.

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