Responsible Consumer Loans .
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Transcript of Responsible Consumer Loans .
ResponsibleConsumer Loans
ResponsibleConsumer Loans
www.ResponsibleConsumerLoans.org
A growing public need exists in an uncertain financial climate.
A growing public need exists in an uncertain financial climate.
High interest, predatory
payday loan companies
are springing up all over
America to fill the void.
High interest, predatory
payday loan companies
are springing up all over
America to fill the void.www.ResponsibleConsumerLoans.org
There is an admitted need and demand to compete with loan sharks, the predatory
The FDIC announced that the situation is
desperate.
lenders like payday.www.ResponsibleConsumerLoans.org
There is an answer already in existence to
deal with this very problem.
For almost 100 years, the small dollar installment
loan industry has existed to help fight loan sharks.
There is an answer already in existence to
deal with this very problem.
For almost 100 years, the small dollar installment
loan industry has existed to help fight loan sharks.
www.ResponsibleConsumerLoans.org
The small dollar installment loan industry exists today as it did since its inception— providing safe, responsible and disciplined loans—every day of the week, in every town in the country.
The small dollar installment loan industry exists today as it did since its inception— providing safe, responsible and disciplined loans—every day of the week, in every town in the country.
www.ResponsibleConsumerLoans.org
Our small dollar installment loan industry was created to fight usury and loan sharking in the U.S., during another period
of financial peril and uncertainty.
Our small dollar installment loan industry was created to fight usury and loan sharking in the U.S., during another period
of financial peril and uncertainty.www.ResponsibleConsumerLoans.org
Why not support our fully regulated installment loan industry, and help them to provide the smallest dollar loans that so many people need and want? It’s an important question we must ask ourselves.
Why not support our fully regulated installment loan industry, and help them to provide the smallest dollar loans that so many people need and want? It’s an important question we must ask ourselves.
www.ResponsibleConsumerLoans.org
Let’s allow the consumer loan industry to charge fair rates to earn a profit, and therefore regain their historical place in the small loan market. Banks can’t do it. They’re the first to admit it. And banks won’t do it—without being enticed to participate with loans subsidized by everybody else’s money.
Let’s allow the consumer loan industry to charge fair rates to earn a profit, and therefore regain their historical place in the small loan market. Banks can’t do it. They’re the first to admit it. And banks won’t do it—without being enticed to participate with loans subsidized by everybody else’s money.
www.ResponsibleConsumerLoans.org
Unless there’s a good reason for the FDIC to support the banks to start a money losing venture, we should turn our attention away from government/taxpayer subsidized bank loans—and support the solution at hand.
Unless there’s a good reason for the FDIC to support the banks to start a money losing venture, we should turn our attention away from government/taxpayer subsidized bank loans—and support the solution at hand.
www.ResponsibleConsumerLoans.org