Category: Free Russian Brides

15 Jan 2020

Federal legislation of pay day loans is truly a victory for states’ liberties

Federal legislation of pay day loans is truly a victory for states’ liberties

Why the government must intervene to limit lending that is predatory

Back in 2014, through the very very first season of their hit HBO show “Last Week Tonight,” John Oliver took in the payday loan industry. Boggled by loans that carried as much as a 1,900 percentage that is annual (APR), Oliver offered up a revised form of the “Lion King” theme track. “It’s the group of financial obligation!” he sang. “And it screws us all.” Oliver explained that the outrages associated with loan that is payday couldn’t be stopped because “they are extremely great at avoiding legislation.”

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