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PAYDAY LENDERS NEED REGULATION

PAYDAY LENDERS NEED REGULATION

22 signatures 28 to reach 50
B
Barbara L. signed
C
caroline w. signed
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john w. signed
I
Isabella S. signed
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Paul R. signed
J
Jim R. signed
A
Andrew G. signed
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Tim S. signed
C
chistopher h. signed
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Clifford P. signed
Started by Anonymous 14 years, 9 months ago
We call upon the government to: 1. Limit the amount that can be lent, by a payday lender to one person, during a given period. 2. Restrict a borrower to one payday loan at a time (At present there is nothing to stop a person taking a loan from as many shops as they can get around in one day). 3. Limit the penalty charges defaulter’s charged by payday lending companies.

2 Comments

S
Sarah Gallagher
14 years ago Featured

these places are like vultures. they target people when they are already desperate and just keep them trapped in a cycle of debt. it needs to stop

M
Mark Ramirez
14 years ago Featured

TOTAL SCAM. The rates are criminal and they know exactly what they are doing to families. about time someone put a leash on these leeches.

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