Internet Scofflaw

This is sheer idiocy. If payday lenders didn’t provide a valuable service, people wouldn’t use them. And if they could operate more cheaply, competition would force them to do it. (Even non-profits such as Goodwill have to charge nearly 300% interest on these sorts of loans.)

This entry was posted on Friday, November 5th, 2010 at 11:02 am and is filed under Political. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.