Monday, October 29, 2007

Observation on payday loan companies

Tell me why "they" get all up in arms about pay day loan companies that are charging huge interest rates when a person borrows against future income to pay a carpayment or rent for example.

But it is perfectly ok for us to go buy a $2 big mac or wash our car for $5 and put it on the card costing us huge fees if we don't pay the card in full at the end of the month.

Go figure. . . .

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