Thursday, May 16, 2019

READER SUBMITS GLARING EXAMPLE OF PAYDAY RIPOFF!

From the editor:  A reader received an unsolicited advertisement from a payday loan company and was shocked at the outrageous terms of this predatorial business, hoping that the new mayor and city commission will consider some type of regulation to stifle these greedy bastards.  

 We submit his observations and the advertisement below:

"I received this junk mail today. We have loan sharks right here in Brownsville at Merit Finance. Check out the APR of 90.93%, I don't think the mafia even charged that much, I could be wrong, but you get the point. Not sure if what this company, and many others like it, are doing is legal, but they should be banned from our community."
-

5 comments:

  1. AnonymousMay 16, 2019 at 6:20 PM

    Totally legal. State regulates this, not city. Just rip it and trash the goddamned mail! Shit, man.

    ReplyDelete
  2. AnonymousMay 16, 2019 at 7:08 PM

    A good number of people will go for it. Money's tight, bro!

    ReplyDelete
  3. AnonymousMay 17, 2019 at 1:57 PM

    A reader submitted nothing. Daniel Lenz posted. You grabbed it.

    ReplyDelete
    Replies
    1. Jim BartonMay 17, 2019 at 3:19 PM

      You're on a record streak of bad guesses and wrong assumptions. Daniel called me and I shared his concerns. I don't get my stories off Facebook like the trolling blogger.

      Delete
    2. AnonymousMay 17, 2019 at 5:10 PM

      You literally just screen gabbed the Cheeze thing.

      Delete

Subscribe to: Post Comments (Atom)