Reed Hadley, I am also a pawn broker. I looked at the website www.savemypawnshop.com and I noticed that all the sponsors of the bills were democrats. I know many pawn brokers who vote democrat, and I...
To Whom It May Concern: Your support of the 36% cap on consumer loan while well intended and surely needed to protect consumers against predatory lenders, is going to have a consequence that nobody...
I don't understand what consumers are going to do when these loans are wiped out. While it might sound like a great idea to limit the rates or even restrict payday loans, they do help a large number...
To add to my other posts I might add that I think it is only fair that consumers have a right that when they make payments that the consumers should be able to pay down the principal, and that is kin...
Pawn Shops loans on items (pledges) left as security for the loan. The borrower is not obligated to pick up the loan (pledge). Pawn Shops do not report to credit agencies. Credit card companies and p...
I might want to add that U.S. Bank in Ohio where I live only charges 10% per month and they take it out of direct deposit on your check. Oh !competition made some of the rates go down without governm...
I think we should include government late fees on taxes, and general fines. If the government is going to legislate what interest charges businesses charge then it should also apply to the governmet....
Hawaii is way up there too and as the foreclosures and layoffs increase the level of financial misconduct increases also. The sammers are everywhere. Thanks for keeping this subject in the public eye...
The Center for Responsible Lending, a front group that rails against payday lending, is among those set to benefit greatly if payday lending is restricted or banned. CRL is the creation of the Self-H...
Another option would be for the opposition to lend the much needed money to consumers if the 36% cap passes. Interest rates are not 400% but 400 ANNUAL PERCENTAGE YIELD. This means that an individu...
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