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Confessions of a Payday Loan Manager

Friday, March 15th, 2019 (No comments yet)
Businesses, Money

A former payday scum manager comes clean in a video released by The Center for Responsible Lending.

In this 4 minute video, Rebecca tells how payday loans are rarely two-week loans. Most of her customers came in payday after payday to renew the loan—after the first time, they couldn't afford to pay it off. Rebecca tells how she and her co-workers explained away the 400% interest rate, and how tough their collection tactics were. And she tells how she came to understand that rather than help her customers, these loans were "keeping them poor."

Now if Virginia would just kick out the whole industry like West Virginia did.

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If you like to keep your money and safe yourself the trouble and hassle of getting nailed by a bad or fraudulent retailer online, you need to learn to identify them before it's too late.
Before you buy anything, utilize the vast power of the Internet to research products and pick the best one possible.
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Research Products

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