Consumer Protection Bureau - an oxymoron

[Pat Mustard]

For an agency that's supposed to protect consumers - these pricks sure missed the mark.

https://www.nytimes.com/2019/02/06/busin...-cfpb.html


Doesn't the 13th Amendment outlaw this kind of shit?

What kind of moron thinks a payday loan is a financial solution???

It'd be quicker to just burn your paycheck.

Lot of people haven't the first clue about money or interest oreven how percentages work. We evolved to think in discrete units of items to thinking of percentages and compounding is hard work.

And then you've got the problem that companies that give payday loans are semi-legalised loan sharks. They're not going to give their customers the information they need.

As to the constitution, a document of the rich, for the rich and by the rich is going to be inimical to laws and institutions for the public good.