Payday Pundit

In an op-ed in today’s Des Moines Register, Tim Miller of the Center for Consumer Freedom, writes:
Eliminating a major short-term credit option for financially stressed adults is hardly an act of mercy. We should be helping Americans find more debt-management options - not taking them off the table.

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That’s from Tim Miller at the Center for Consumer Freedom in a piece in California’s Press Enterprise newspaper.  Also from the piece:
The rhetoric in favor of banning payday lending doesn’t seem to acknowledge the research vindicating the service, any more than it acknowledges the ability of adults to make debt-management decisions for themselves.

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Tommy Moore, the Executive Vice President of the Community Financial Services Association of America, has a letter in today’s Christian Science Monitor echoing the favorable comments in this terrific guest column by Tim Miller of the Center for Consumer Freedom from a few days ago:
In response to Tim Miller’s recent Opinion piece on banning payday loans: […]

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Tim Miller of Center for Consumer Freedom has a very sensible opinion piece today in the Christian Science Monitor.  From the piece:
One consequence of payday lending restrictions is that they force would-be borrowers into alternatives that are far more costly. Georgia, for example, has outlawed the practice – mistakenly, as a Federal Reserve Bank of […]

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According to a new poll by Center for Consumer Freedom, only 10% of Ohioans say they would make loans at the 36% or 28% rate cap proposed by Ohio legislators.      From the news release:
When asked how much they would charge a complete stranger who wanted to borrow $100 for two weeks, just nine percent of […]

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So says Tim Miller of Center for Consumer Freedom in today’s Baxter Bulletin out of Arkansas.  Money quote:
“Borrowers are best served when they have more choices to pick from, not when politicians eliminate what is for many their only option.”   
The Payday Pundit has been making this point over and over.  Payday loans are an option […]

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Tim Miller of the Center for Consumer Freedom has a great response in the today’s Capital Times to a “one-man smear campaign on the payday loan industry” by a reporter at the paper:

Dear Editor: Dave Zweifel’s one-man smear campaign on the payday loan industry is as misguided as it is ill-informed. Zweifel has spent his recent columns assaulting […]

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