September 14th, 2009
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Author: Usury Country: Payday Loans Pushing Millions of Middle Class Americans Deeper into Debt Lawmakers and public officials in California, Ohio, South Carolina, Missouri, Washington and other states are attempting to crack down on the controversial practice known as payday lending. Payday loans are short-term loans or cash advances secured by a post-dated check. The annual interest rate for these loans can be as high as 400 percent, ten times the highest credit card rates. Today, its a …
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u were well good on this mornin! shame we couldnt hear u sing but owell!
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Very interesting, I do not agree with the claim of being by just to target a particular group,but more of a deceptive method to lure people who are bad at money management.