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Misguided editorial

October 21, 2009 | Alabama, industry, regulation | Comments (0)

This woman had a terrible experience with a payday lender, possible a lender who acted unethically.  There are businesspeople like that in every profession.  To use her bad experience as an excuse to enact payday lending restrictions is ridiculous.  It’s like restricting car sales because one dealer acted unethically.  Unfortunately, the Montgomery (AL) Advisor is on a campaign against payday lenders.

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