Yeah this would be a money loser (if your goal was to make money)
I think the exploitation of lower income people by payday lenders is generally disgraceful but you handle that on the regulatory/enforcement side, not by pushing gubmint into the payday lending business.
Of course with Mick Mulvaney in the tank for the payday lending industry, this administration certainly won't be leading the charge on tightening up lender practices.
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In response to this post by Beerman)
Posted: 04/25/2018 at 4:05PM