Right-Wing Think-tank Shills for Payday Lenders on New York Fed Internet Site

Right-Wing Think-tank Shills for Payday Lenders on New York Fed Internet Site

The writers consider the best trouble with pay day loans is the fact that their own loans roll over, apparently oblivious to the fact that here is the lenders’ entire business model, to trap consumers in a limitless cycle of debt

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The York government book Board, faced with supervising wall structure road banking companies, turned over their usually staid formal blogs this week to a very contentious discussion in protection of high-cost payday loan providers, that are partially financed by the exact same large companies the Fed is supposed to-be regulating. Continuar leyendo “Right-Wing Think-tank Shills for Payday Lenders on New York Fed Internet Site”