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CRL issues a correction?

April 1, 2009 | Center for Responsible Lending, industry | Comments (0)

Not really, but Lawrence Meyers has some fun with the idea at blogger news:

Public Was Duped During Rate Cap Survey, Not Enough Information Provided, Survey Finds

WASHINGTON, March 31 — A CRL survey published yesterday failed to provide critical information to respondents concerning an annual interest rate cap on consumer loans of no higher than 36 percent. Three out of four Americans with a brain recognized that the CRL survey was deliberately skewed to provide results that advanced the CRL’s corrupt agenda – to cap rates on payday loans at a level that would force these lenders out of business

The day Center for Responsible Lending actually corrects its bogus surveys the Payday Pundit will probably have a stroke he’ll be so shocked.

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