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Sacramento Bee doesn’t do its homework

August 4, 2008 | Sacramento Bee, media coverage | Comments (1)

Today’s Sacramento Bee article by Claudia Buck blames payday lenders for the financial troubles many members of the military have found themselves in.  The article failes to mention that, as of October 1, 2007, payday lenders do not lend to military personnel due to the restrictive rate caps that would cause lenders to lose money on each loan.  Geesh…if you are going to blame payday lenders, at least get the facts right.

California committee action on payday lending bill

April 14, 2008 | California, Sacramento Bee, industry, media coverage, regulation, states | Comments (0)

This Sacramento Bee story details Monday’s action in the California Assembly’s Banking and Finance Committee.