Categories

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

Borrowers value payday loans | Dallas Morning News

Image pay.jpg

In this Nov. 6, 2008 file photo, a customer enters a Payroll Advance location in Cincinnati (AP)

Re: “Feds look for ways to limit ‘debt traps,’” Sunday Business column by Mitchell Schnurman.

Contrary to Mr. Schnurman’s assertions, a poll released just last week by Harris Interactive and sponsored by CFSA made clear that payday loan customers are educated borrowers who actively choose payday loans among other options and fully understand the cost and terms.

For example, the poll found 95% of borrowers value having the option to take out payday loans, 93% carefully weigh the risks and benefits before taking out a loan, and 94% of customers polled said that they were able to repay their loan in the amount of time they had expected.

In developing new regulations, policymakers must balance consumer protections with access to credit. Lenders who are members of my organization already follow a strict set of Best Practices, offering important safeguards beyond those required by law in many states. We look forward to continuing our work with regulators across the country to ensure people have access to safe, reliable credit.

Dennis Shaul, CEO, Community Financial Services Association of America, Alexandria, VA

This entry was posted in All Letters, Economy/Employment by Letters to the Editor. Bookmark the permalink. […]

Watch Now For Quick Pay Day Loans

Image hqdefault.jpg

Click here to get the quickest payday loans: www.paydayloanfinder.info […]

Click Here For The Best Pay Day Loan Lenders

Image hqdefault.jpg

Click here for the best pay day loan lenders: www.paydayloanfinder.info […]

Get A Loan Until Payday Here

Image hqdefault.jpg

Need a loan until payday? Click here: www.paydayloanfinder.info […]

Client LR1 from AZ saved $930 from online payday loan debt

Image hqdefault.jpg

OVLG Review by client LR1 as she saved $1172.93 from online payday loan debt. She shares her experience working with OVLG at www.ovlg.com […]

Click Here For An Instant Payday Loan

Image hqdefault.jpg

Click Here For An Instant Payday Loan: ow.ly […]

100 Day Loans Cash

Image hqdefault.jpg

www.100dayloanscash.info Get a payday loan through our site that will give you 100 days to pay back […]

Cutbacks Are Avoided by Many Payday Loan Users

Image hqdefault.jpg

www.spotya.com www.spotya.com In the past we went over some things that we could cut back on. Items like fast food, expensive coffee and name brands. What happens if you decide you can’t cutback any longer? […]

Pay Day Loan Tampa 888 655 1364 Watch This And Save 888 655 1364 SELL YOU GOLD FRIST ?

Image hqdefault.jpg

www.tampagoldandsilverexchange.com We Buy Silver For Cash 888 655 1364 […]