Comment of the Day II
April 24, 2009 | Uncategorized | Comments (0)The ‘Mafia Loan Shark’ vs. ‘Payday Lender’ argument is so overdramatic and incredibly inaccurate. ‘Loan sharks’ do not have any disclosure rules, rate caps, or requirements. They also have lower risk of default than payday lenders. I think anyone would rather have their paycheck garnished than have an arm broken.
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