Random Feed wrote an interesting post today on
Here’s a quick excerpt
by Neil Baulch The need to borrow doesn’t end, regardless of the economic climate. Do you need a loan? Where do you go? We can show you how. It is claimed by many that our society’s reliance on credit is a primary cause for the current recession. Our society’s reliance on credit is considered by many to be a fundamental cause of our economic woes. Without credit most of us would be unable to buy those more expensive consumer items like pools, cars or homes. Credit may have a bad reputation r

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Random Feed wrote an interesting post today on
Here’s a quick excerpt
Senator Dick Durbin is on a quest to kill payday loans . His legislation, “Protecting Consumers from Unreasonable Credit Rates Act,” proposes a federal interest rate cap of 36% on all loans. His support for the bill is of course weak and unfounded. Less than 3% of American families use payday loans. I think Durbin should try and find another scape goat for our economic woes. Also, over 90% of repeat borrowers pay their loans back on time. That’s a far cry from bankruptcy. A Clemson

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