They must be doing something right
March 1, 2010 | Minnesota | Comments (0)Minnesota State Reps say they’re introducing a bill to “protect” consumers from legally operating payday lenders charging “unfair” fees by way of a legislative loophole. Here’s the thing–if some payday lenders aren’t using the “loophole,” and these folks are, why are consumers choosing them? Could it be that the regulation forced payday lenders out of business and offered nothing to replace the affordable short-term credit they offer? Apparently to Reps Davnie and Dahle, “protecting” consumers means restricting their credit access
Comments»
No comments yet.