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Former Payday Lending Employees Speak Out!

At a press conference in Washington DC on Sept. 12th, 2007 former payday lending employees talk about industry. Included: William Harrod, Michael Donovan, and Rev. Grayland Hagler  
 
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nalc892 (1 year ago) Show Hide
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Do I feel the passion of the moment of this crucial issue? YES!
Where is the consensus of ALL churches/denominations on this emperical phenomenon of the payday/title loan companies that prop up almost everywhere?  By the way, I'm sure there are more of these institutions than there are abortion clinics in the U.S.
ddubrul (1 year ago) Show Hide
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the economic barometer of a city can be judged by the number of payday loan shark shops in the area.
roquey44 (1 year ago) Show Hide
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mutha fuckas!!!!
bPoeschl (1 year ago) Show Hide
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I can not believe that those guys stood up and told the truth!
Every day in my hometown, there are payday loan stores popping up. This industry keeps growing, and it must me stopped!
unytcommsys (7 months ago) Show Hide
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I haven't seen a payday loan shop in my neighborhood in a while. I still see plenty of check cashing spots. In my experience those who don't have checking accounts are bankrupted. In many cases even if you pay the bank a fee for having an account, you'd still be better off than a paying the check cashing fee.
fartblaster911 (1 year ago) Show Hide
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I am a manager at a paday loan place right now and I agree with what this vid said. The company I work for does not give a damn about the customers, only there pockets.
yt86753098675309 (1 year ago) Show Hide
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I am glad they are clamping down on payday lenders. I now make more money by loansharking to people at the bowling alley.
unytcommsys (7 months ago) Show Hide
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LOL ture or not it's funny. I
chesskid8687 (1 year ago) Show Hide
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If the alternatives are better, why have MILLIONS gone to GENEROUS LENDING instead? Let the CONSUMER DECIDE what's best for them. If someone makes the "wrong" choice and go to into a "trap", they can go to an alternative choice, borrow some money to pay off the GENEROUS lenders, similar to credit companies competing by paying off your current high rate debt and then charge lower rates. Support CAPITALISM NOT COMMUNIST restrictions, it is the very fabric of our country's ideals.
5909south (2 years ago) Show Hide
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These people are even worse than I thought!!!

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