Thursday, May 28, 2020

Kansas City Progressives Work To Limit Fast Cash Options For The Working Poor

Of course there are horror stories about these services . . . Sadly, most effete activists from the suburbs might not realize that there are plenty of people who use these services responsibility as a means to float a few hundred bucks and make ends meet without bothering family & friends.

Here's typically one-sided reporting that would unwittingly limit access to money for many locals and drive them to even worse options online:

Cities, Lenders Resume Battle Over High-Interest Loans

Tower Loan in Liberty is sandwiched in a strip mall, a payday lending shop on its left and a tax preparation office on its right. It offers quick cash with few questions asked. It is one of two businesses suing Liberty over the city's attempt to curb high-interest lending.

7 comments:

Anonymous said...

Let them eat cake!

Anonymous said...

It's usury, just call it that. And the bible forbids it.

Anonymous said...

1148, agree.

Anonymous said...

No, the Bible forbids interest of any kind on loans among fellow Jews. It does not forbid interest on loans to non-Jews. The Bible says nothing about unconscionably high rates of interest, i.e. usury under modern laws.

Anonymous said...

I think those progressives should pony up their own cash in form of payday loans. There are plenty of very wealthy progressives in town, they surely understand those taking the loans do not present a risk. Subsidize the interest rate or set it at inflation. EZPZ everyone is happy. The renters needing the cash are good for it, the wealthy progressives have plenty of cash to lend (and they'll get it back). It would be much better than these trashy scam stores.

Anonymous said...

^^^^Maybe you should just go fuck yourself. 527% average APR? Do you ever look in the mirror and realize you're a complete fucking asshole who would probably take advantage of your dementia riddled parents if you had the chance? I bet your a real Christian God fearing man as well. I'm sure it's in your twitter bio.

Anonymous said...

your??