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The contributors to the Consumer Law & Policy blog are lawyers and law professors who practice, teach, or write about consumer law and policy. The blog is hosted by Public Citizen Litigation Group, but the views expressed here are solely those of the individual contributors (and don't necessarily reflect the views of institutions with which they are affiliated). To view the blog's policies, please click here.

« P2P Lending | Main | Predatory Borrowing? »

Monday, January 14, 2008

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Payday Loan

There’s so much discrimination! I know that there are loan companies like no fax payday loans, who really help people but still there are some who are indeed predatory lenders. What’s sad is they target minorities and low-income families. Even banks cheat! I found an article here about their dirty business. http://personalmoneystore.com/moneyblog/2008/08/04/banks-caught-lying-about-the-payday-loan-industry-the-real-predatory-lenders-part-i/ Read them because these days, it is important to be well informed so that we can make wiser decisions.

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