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Nope, this isn’t usurious at all


— October 9, 2009

(sigh)

“I was caught in a debt trap,” said Patricia Nelson, a 64-year-old Waukesha, Wis., retired nursing home worker who said she ended up paying $2,700 in interest on a $550 loan from payday lenders.

Source: Obama pushes consumer protection agency – Consumer news- msnbc.com



(sigh)

“I was caught in a debt trap,” said Patricia Nelson, a 64-year-old Waukesha, Wis., retired nursing home worker who said she ended up paying $2,700 in interest on a $550 loan from payday lenders.

Source: Obama pushes consumer protection agency – Consumer news- msnbc.com


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