“these are toxic loans, just like those in the disastrous subprime mortgage industry, because they are made knowing that desperate borrowers cannot repay the loans when they become due.”
Do they really think lenders do NOT want to get paid back?
This rediculous comment was brought to you by Legal Aid Society’s litigation director Peter M. Koneazny.
You can read more about Wisconsin and payday loan battles in the WisBusiness.com.
