Quote:
Originally Posted by Barry-xlovecam
That is small time consumer scams.
But it hurts the struggling bottom.
Financial deregulation and removing consumer protection laws are on the table -- so says the duplicitous emperor.
Private wealth management and hedge funds have no direct influence over the pay day loansharks -- they are not top feeders -- they prey near the bottom of society.
If you think this is bad join your local or organizational credit union.
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FL has been Republican controlled as long as I can remember and it's insane to see how many of these predatory lenders have sprung up all over this state after the Republicans deregulated this shit here.
It used to be just lots of Pawn Shops, now its Cash for Titles, Payday Loans, tons of Rent A Center type stores even fucking "Rent A Wheel". Anything they can do to take advantage of dumb people is open season here..
Even Rooms To Go does predatory lending now by making it seem as if you are doing a 90 day same as cash but actually it being rent to own with insane interest rates.