The Mudcat Café TM
Thread #132204   Message #2989489
Posted By: Bobert
18-Sep-10 - 10:22 PM
Thread Name: BS: New Sheriff in Town - Hope for Middle Class
Subject: RE: BS: New Sheriff in Town - Hope for Middle Class
Not underground activity at all, Q... There are "payday lenders" in every American city accross the country and they do charge as much as 400% APR, legally!!!

But don't belive me... I mean, what could an' ol' skinny hillbilly know??? No, Q, just click on that little thing that says "Google" and Google it up yerself and learn somethin' that apparently you ain't aware of...

This is somne serious shit goin' on an' ain't no proclamations to the contrary gonna change the realities... Hey, these lending practices, which will *****most definately***** be seriously reviewed by by Ms. Williams as the de facto head of the Consumer Financial Protection Bureau, are the worst lending practices, which BTW traget the poorest among us, that this country has seen in any of our life times....

Guess you don't know much about that, Q... Maybe not in yer neighborhood... Ride thru the inner city of yer closest city and check out the numbers of these joints... This is some bad shit...

And guess what??? These companies are making big money... The kinda money (99% off the poor) where they will have plenty of dough to do some major media buys when the time comes...

Don't belive me, Q-ball??? Two assignments: 1) Google up "Payday Lenders" and 2) Watch what happens when Ms. Williams messes around in any of these usery factories...

B~