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What’s this person talking about?

March 29, 2010 | Wisconsin, industry, regulation | Comments (2)

From a letter in a Wisconsin newspaper:

The payday loan industry is the only part of our financial system that is unregulated.

We are, of course, regulated in 34 states.

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Comments»

1. Tom - March 29, 2010

Probably looking at this from a federal perspective rather than a state by state situation.

2. Chris - March 29, 2010

That’s funny! I want a refund for the license and reports that I keep paying to the WDFI to have a store in Wisconsin.