Virginia & Payday Loans
Paydaypundit.org pointed out VA is the next state to experience some payday loan criticism. It seems some politicians are trying to eliminate the short term loans, yet ignoring consumer needs to obtain money in this tight economy. Many who do not oppose the short term loans, believe eliminating payday loans only forces consumer to resort to the more expensive methods of obtaining money.
Payday loans are certainly everyone has their opinion about, however don’t we think that the decision should be left up to the consumer and not the government. Leadpile wonders what would consumers do if they did not have this as an option in tough times. 