Don’t limit consumer freedom
November 12, 2008 | Oregon | Comments (0)That’s the take on Professor Zinman’s Oregon payday lending study by our friends at Center for Consumer Freedom:
It doesn’t take an economist to understand that, for many, paying $15 for a two-week $100 loan is better than pawning a family television or bouncing checks. Sadly, Nanny State lawmakers and bureaucrat-knows-best activists have already eliminated that choice for Oregonians and Ohioans, and are pushing to further eliminate this valuable financial option across the country.
Amen.
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