All I Want for Christmas is Inescapable Debt

Thanks to the Center for Responsible Lending for this holiday reminder.  BTW most mainstream banks and CUs now offer a version of payday loans disguised as a great service to customers. 
http://www.youtube.com/watch?v=trqVUWvE92I&lr=1&feature=watch

Credit Unions offer "Payday Alternatives Loan" (PAL)that aren't much different from storefront pay day lenders. According to the CRL, "Twelve million Americans are trapped every year in a cycle of 400% interest payday loans." Check out the CRL: http://www.responsiblelending.org/

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All I Want for Christmas is Inescapable Debt

Reviewed by citra
Published : 2012-12-04T14:02:00-08:00
Rating : 4.5