The Soapbox

RML Hoos

Joined: 11/04/2004 Posts: 1833
Likes: 2054


If there was any money to be made at all charging a lower rate and fees, le


lenders would be all over it. Payday lenders, title loans, etc charge high rates for a reason and there are TONS of lenders out there who would undercut them if they could and still make money doing it.

(In response to this post by hoolstoptheheels)

Posted: 04/25/2018 at 2:42PM



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Current Thread:
  Great idea, but not new. First established in 1910. -- DanTheFan 04/25/2018 3:58PM
  Good spot for Obama-Phone distribution as well :>) ** -- Tuckahokie 04/25/2018 2:50PM
  That ... doesn't sound like a good idea -- Beerman 04/25/2018 1:55PM
  Bad business model -- Stimp 04/25/2018 1:42PM
  Payday lending is designed for high risk borrowers though. -- hoolstoptheheels 04/25/2018 2:20PM
  Yeah, I'm sure that's true. ** -- hoolstoptheheels 04/25/2018 2:48PM
  No -- Stimp 04/25/2018 2:40PM
  Ahh. And it's up to the borrower to pay? Nevermind. ** -- hoolstoptheheels 04/25/2018 2:47PM
  Something for poor people only? ** -- Charleston Cav 04/25/2018 1:31PM
  Not sure. Possibly anyone needing less than $1k. -- WahooMatt05 04/25/2018 1:45PM

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