tag:blogger.com,1999:blog-7481238059942383326.post3125824173785325691..comments2023-11-28T20:40:14.193-08:00Comments on Fix Pacifica: Payday lending, a city can only regulate the location, Daly CityFix Pacificahttp://www.blogger.com/profile/14451072441256706977noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7481238059942383326.post-84203886077506662592014-07-13T18:16:53.017-07:002014-07-13T18:16:53.017-07:00Those don't include the pay-back rate. Not som...Those don't include the pay-back rate. Not something most unsophisticated, resource-poor, education-poor borrowers understand. These institutions help keep those who can least afford it in permanent debt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7481238059942383326.post-42830767160753920782014-07-13T18:15:18.495-07:002014-07-13T18:15:18.495-07:00Lost lives to bankers - who prey on those who have...Lost lives to bankers - who prey on those who have so very little. Getting that last bottom dollar from those least able to afford it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7481238059942383326.post-89813854197291221362014-07-12T12:26:56.515-07:002014-07-12T12:26:56.515-07:00You can educate the borrowers all you want, there ...You can educate the borrowers all you want, there is always a demand for these types of loans. I think there's been one in Linda Mar Shopping Center for a few years. Tougher caps on rates and fees would <br />protect the desperate and/or foolish from these leeches.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7481238059942383326.post-45110432489231438972014-07-12T10:20:39.563-07:002014-07-12T10:20:39.563-07:00Cash call Rates:
Loan Product Loan Fee MAX APR Nu...Cash call Rates:<br /><br />Loan Product Loan Fee MAX APR Number of Payments Payment Amount<br />$25,000 $75 35.87 % 120 months $767.44<br />$10,000 $75 99.75 % 84 months $826.06<br />$5,075 $75 116.73 % 84 months $486.58<br />$2,600 $75 139.13 % 47 months $294.46Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7481238059942383326.post-64256427611073434182014-07-12T09:35:25.810-07:002014-07-12T09:35:25.810-07:00Interesting article. I stopped by the payday lend...Interesting article. I stopped by the payday lender at the top of Manor, out of curiosity, (not to cash a check)....he's next to the Rice and Roll restaurant and laundromat, he said he does great business, even though he's in the middle of nowhere. Anonymousnoreply@blogger.com