K Marx
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K Marx The Spot

We are living in a materialist world, and this is a materialist url!

13 November 2007

Lending a Hand

Do take a few minutes to look at this most excellent site that satirizes the rhetoric and rationale for the payday loan industry. (The actual industry site is much less fun. No "Predatory Lending Tools"; no discussion forums; no barbed "testimonials" from victims.)

If the payday loan industry were merely a shady backwater of the financial services industry, then the Predatory Lending Association "website" would still be worthy and notable. But, increasingly, these firms are publicly traded companies, or, worse yet, divisions of banks like Wells Fargo and US Bancorp. What a country.

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Posted by Tim W at 11/13/2007 01:27:00 PM

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