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TOPIC: Keep payday options
#389157
M Butler (User)
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Keep payday options 4 Months, 2 Weeks ago Karma: -13  
This thread discusses the Content article: Keep payday options

Actually, America needs fewer liars like Tim Miller and the grossly misnamed "Center for Consumer Freedom."

15% for a two week loan is an annual percentage rate of 375%. Sounds like a great way to achieve "consumer freedom"!
 
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Hutterite (User)
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Re:Keep payday options 4 Months, 2 Weeks ago Karma: 0  
This guy sounds like the kind of consumer advocate I don't want on my side.
 
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Wilbur (User)
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Re:Keep payday options 4 Months, 2 Weeks ago Karma: -3  
M Butler wrote:
This thread discusses the Content article: Keep payday options

Actually, America needs fewer liars like Tim Miller and the grossly misnamed "Center for Consumer Freedom."

15% for a two week loan is an annual percentage rate of 375%. Sounds like a great way to achieve "consumer freedom"!

America also needs people who can do math. It's much more than 375% when you take compounding into account. More in the 3000% range.
 
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itschmee (User)
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Re:Keep payday options 4 Months, 2 Weeks ago Karma: 3  
I doubt that Mr. Miller is as concerned about "Consumer Freedom" as he is for his own pocket book.
 
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