Payday Pundit » Greenville News 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 Update: South Carolina http://paydaypundit.org/2008/04/25/update-south-carolina/ http://paydaypundit.org/2008/04/25/update-south-carolina/#comments Fri, 25 Apr 2008 13:14:36 +0000 Payday Pundit http://paydaypundit.org/?p=173 This editorial in the Greenville, SC newspaper sums up the state of play on payday lending legislation in the state.  The Payday Pundit doesn’t now enough about the legislation to comment intelligently on it, but I’m struck by the fact that the editorial used the word  ”reasonable” twice in referring to restrictions.

Do editorial writers really know enough about finance, economics and lending to know what’s “reasonable?”  The word “reasonable” is often invoked by debators to make whatever they say sound less extreme.

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