http://rockrivertimes.com/2012/10/08/madigan-attorneys-general-urge-congress-to-reject-bill-reducing-oversight-of-payday-lenders/ The Rock River Times - THE VOICE OF THE COMMUNITY SINCE 1993 Tue, 18 Jun 2013 05:33:27 -0500 http://wordpress.org/?v=2.9.1 hourly 1 http://rockrivertimes.com/2012/10/08/madigan-attorneys-general-urge-congress-to-reject-bill-reducing-oversight-of-payday-lenders/comment-page-1/#comment-6665 JD Wed, 10 Oct 2012 22:48:31 +0000 http://rockrivertimes.com/?p=40618#comment-6665 Online lenders already skirt state rules. When a state or county pushes out the brick and mortar lenders that actually employ people in those communities, the demand doesn't go anywhere but up. People shift to the online lenders which are beyond the reach of local attorneys general. Online lenders already skirt state rules. When a state or county pushes out the brick and mortar lenders that actually employ people in those communities, the demand doesn’t go anywhere but up. People shift to the online lenders which are beyond the reach of local attorneys general.

]]> http://rockrivertimes.com/2012/10/08/madigan-attorneys-general-urge-congress-to-reject-bill-reducing-oversight-of-payday-lenders/comment-page-1/#comment-6652 Lulaine Tue, 09 Oct 2012 17:48:38 +0000 http://rockrivertimes.com/?p=40618#comment-6652 Lighter regulation usually means more fraud, abuse are going to happen to various people because the right people who are supposed to be watching this kind of activity are not going to be on their job. If regulation is scaled back or not enacted, the people who may fall prey to this need more recourse and civil protection in case it goes wrong. Lighter regulation usually means more fraud, abuse are going to happen to various people because the right people who are supposed to be watching this kind of activity are not going to be on their job. If regulation is scaled back or not enacted, the people who may fall prey to this need more recourse and civil protection in case it goes wrong.

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