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Short Term Installment Loans Stumbles for August 1, 2008

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CBS Slams Payday Loan Traps

There is no question that opinion and hype are no substitute for homework. It is a shame that all the people who seem to hate short term installment loans are people who would never need them. They seem to champion themselves as the defender of the poor while they drive their expensive cars and speculate and guess about the real world consequences of going without money during an emergency.

It would be nice to hear more real facts from the media that hypes up the anti payday loan emotions of government regulators. Even though I work in the industry and make decent money, I still utilize short term installment loans from time to time. The hardship on my family is not equal to paying $30 or $50 to borrow some money for a week or two. My family is far more important and would suffer if we did not have access to this type of lending. In fact you wouldn’t believe it but …
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David for No Fax Payday Loans
1 866 641 3406

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« Banks Caught Lying About the Payday Loan Industry: The Real Predatory Lenders, Part IPayday Loans | Thankfully, no seniors were egged… »

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