Payday Pundit » Sacramento Bee 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 Sacramento Bee doesn’t do its homework http://paydaypundit.org/2008/08/04/sacramento-bee-doesnt-do-its-homework/ http://paydaypundit.org/2008/08/04/sacramento-bee-doesnt-do-its-homework/#comments Mon, 04 Aug 2008 13:16:55 +0000 Payday Pundit http://paydaypundit.org/?p=1131

Today’s Sacramento Bee article by Claudia Buck blames payday lenders for the financial troubles many members of the military have found themselves in.  The article failes to mention that, as of October 1, 2007, payday lenders do not lend to military personnel due to the restrictive rate caps that would cause lenders to lose money on each loan.  Geesh…if you are going to blame payday lenders, at least get the facts right.

]]> http://paydaypundit.org/2008/08/04/sacramento-bee-doesnt-do-its-homework/feed/ 1 California committee action on payday lending bill http://paydaypundit.org/2008/04/14/california-committee-action-on-payday-lending-bill/ http://paydaypundit.org/2008/04/14/california-committee-action-on-payday-lending-bill/#comments Tue, 15 Apr 2008 03:48:02 +0000 Payday Pundit http://paydaypundit.org/?p=1003 This Sacramento Bee story details Monday’s action in the California Assembly’s Banking and Finance Committee.    

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