I found this letter at Payday Pundit. It’s a plea to Rep. Guitierrez to not cap rates on payday loans. The letter is well written and consice.
Personally, I think Rep. Guitierrez is sticking his neck out on this issue. I believe he realizes that there is a need for a cash advance product. Payday loans are very polarized and most politicians are afraid to speak the truth.
Thanks to Payday Pundit for always providing the good stuff for our industry.
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3 responses to “An Open Letter to Congressman Gutierrez”
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