Predatory lending: helping to extract money from the poor!
Matt Stroud | Fri, Nov 16th, 2007 | Category: Report | Tags: satire, pla, robbery, predatory lending association, predatory lending, extract money from the poor
Nice little piece of satire here: The Predatory Lending Association (PLA) is dedicated to extracting maximum profit from the working poor by increasing payday loan fees and debt traps. The working poor is an exciting, fast growing demographic that includes: military personnel, most minorities, and a growing percentage of the middle class.
Bonus points if you’ve shaken hands with (or punched) anyone on the ”outreach” page.
Thanks, Seth, for the link.