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	<title>Payday Pundit &#187; Los Angeles times payday loans</title>
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		<title>We politely disagree</title>
		<link>http://paydaypundit.org/2009/06/24/we-politely-disagree/</link>
		<comments>http://paydaypundit.org/2009/06/24/we-politely-disagree/#comments</comments>
		<pubDate>Wed, 24 Jun 2009 11:24:53 +0000</pubDate>
		<dc:creator>Payday Pundit</dc:creator>
				<category><![CDATA[California]]></category>
		<category><![CDATA[customers]]></category>
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		<category><![CDATA[Los Angeles times payday loans]]></category>

		<guid isPermaLink="false">http://paydaypundit.org/?p=3845</guid>
		<description><![CDATA[Now that I trashed editorial writers (below), the Payday Pundit will take on another, but in a more civil tone.  The Los Angeles Times, which seems to understand that there is a place for payday loans in the credit market, calls for keeping the loan limits at $300. I think that a legislative proposal to raise the limit to $500 [...]]]></description>
			<content:encoded><![CDATA[<p>Now that I trashed editorial writers (below), the Payday Pundit will take on another, but in a more civil tone.  The <a href="http://www.latimes.com/news/opinion/editorials/la-ed-payday24-2009jun24,0,5934036.story" target="_blank">Los Angeles Times</a>, which seems to understand that there is a place for payday loans in the credit market, calls for keeping the loan limits at $300. I think that a legislative proposal to raise the limit to $500 makes sense.   Times are tough, consumers need larger loans.   $500 is not a large amount of credit for an average income earner.</p>
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