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Old 03-10-2017, 12:31 PM   #3 (permalink)
The Batlord
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Join Date: Jan 2011
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Yeah, they might as well have a gun to the head of some people who simply have no other means of paying their bills. Plenty of states pass laws that basically make payday loansharks illegal, but then a new crop of these places pops up like weeds with practices just different enough that they don't quite fall under the letter of the law. Then new laws get passed and businesses change again and nothing is accomplished. I don't remember who it was or where to find the story, but in Texas, I believe, there was even a lawmaker who was fighting against payday loan laws, and then it turned out he owned a bunch of them himself.
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