Millions of Americans have fallen victim to predatory payday loans. Here is how we can break this vicious cycle:https://www.huffingtonpost.com/entry/kirsten-gillibrand-postal-banking-bill_us_5ae07f9fe4b07be4d4c6feae?ncid=engmodushpmg00000004 …
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Financial services and payday lender lobbyists will fight this hard, but we need to fight harder. It's simple: we should put people above profit. Join this fight: Make sure your interests are represented in Congress and raise your voice.
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you know that payday lending is priced that way because they can no longer use knees as collateral and the poor are more or less judgement proof, right?
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https://en.wikipedia.org/wiki/La_Poste_(France) … it seems to work in France
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And that was more than a decade ago. Good job
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