An Open Letter to Congressman Gutierrez

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.

by admin

Bookmark the permalink.

Both comments and trackbacks are currently closed.