Road To Ruin: Online Lenders Fight Regulation

[studioJAC64]

Why is this couple breeding when they are broke. This guy is too stupid for his own good, and doe not deserve sympathy, only pity. Sad.

[royg6852]

I think that we've found installment loans are a much better option than payday loans. We got one from fastcashvegas com and the interest is a whole lot less, and they also give you a longer period to pay back.

[FernanDorman]

make money online! no skill just patience /watch?v=BMPhsRN19Ms

[58robbo]

the interest rates reflect the risk. without those interest rates, that credit will not be available to people who need it. this legislation is playing right into the hands of the big banks and will remove one of the few options some poor people have.

[madisonjacobd]

Asian ladies for dating # lushfmlk.info #

[flymarinesoldier]

8:13

priceless

[atwageman]

NC passed a law some years back caping the interest rate of of these types of loans. Almost overnight 90% of payday loan offices in the state closed up shop.

[OhioDemocrat]

Ohio passed a law in 2008 capping payday loans at 28% down from the 391% they were charging. I was unaware this was so prevalent on the internet. This is a deplorable practice preying on those who can afford it the least.

[lesillmagpie]

Lisa McGreevy, looks like an evil bitch even the name sounds evil

[bullzweep]

They took out four loans to get 500$each then they were paying back 400$ a month interest????? heres an idea save the 400$ a month instead of taking the easy way out and using the payday loans. Hey heres an idea disconnect your fing internet if you are so broke. then you wont be tempted to surf the internet for easy money.

Go get a freekin second job. Jeez. He was probably tired though.

Makes me sick

[shoobedoorocketship]

@bullzweep- what do you mean "Makes me sick" what are you sick about? this historically this kind of usury was illegal. i despise dumb fucks like you that show contempt for families in emotional distress . what do you mean get a second job, they have SICK CHILD that has to go to the hospital, stupid. they had no idea the amount of specialist and length of care that was going to be needed, do the bill they thought they could handle soared. and the internet is great for researching illness.

[bullzweep]

My contempt is for parents that are irresponsible. The SICK CHILD does not need two people at home all day if they are broke.

" internet is great for researching illness. "

Sure but a job is a great way to pay for an illness.

[82abhilash]

The nerve of these loan sharks. They think the law is on their side when they are the ones playing with the law of nations as it is some game. They are going down with a millstone on their neck.

[DKMBismarck]

Overhere we call that loan shark.

[boswellchrome]

thats what U.S. use to call it

[tissuekitten]

its obvious these people are not having trouble finding food to put on the table....LOTS of food.

here is an idea; DONT USE THE SERVICE!!!

[RabbitNexus]

It takes many years to raise a population where many people will fall for such scams as this. No job, no assets, no prospects -- so they borrow money at an enormous interest rate? Of course the sharks should be held to account, but people, you get nothing, for nothing.

[ThunderDog97]

Banking criminals and politician criminals.... they go hand in hand.

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[WadeBlazingame34]

Joe Baca - GFY. You're a Democrat? You disgust me. All payday lenders should be in jail.

[GreenEnergy2112]

704% Interest on a loan

FUCK those people shut those companies down !!

[boswellchrome]

you fools was the apr not in black and white

[studioJAC64]

@GreenEnergy2112

And why should they be shut down?? There are legitimate uses for PayDay loans that may people use every day. Just because you are too simple to understand how the loans work, does not mean they should be shut down. As for the moron in the video, he had no business borrowing from Peter to pay Paul like this when he is broke.