My Thoughts About This Article:
Yes paydayloans could possibly be "negative" for most people have in truth this is actually the only alternative. Therefore can you have them spend an insane rate of interest or somewhat the borrower get without food or heat for that week? For me it is a challenging phone but from a legal perspective they are having no issue. Lawmakers are seeking to crack-down on payday lenders hard.
Similar schemes that used information collected from people who were seeking payday loans online and took more than $100 million from those victims were shut down by federal authorities, the http://www.ftc.gov/news-events/press-releases/2014/09/ftc-action-halts-payday-loan-scheme-bilked-tens-millions
Final Thoughts:
As you can begin to see the news source above says regulators are able to crack the whip on payday loan lenders. I'm wondering what you are thoughts are on this?
nebuloussuburb525 Community Member 
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