Wisconsin: Another bomb in Wanker's "budget" - Payday Loan Expansion

[Lefta Dissenter]

2. I work for a bankruptcy attorney.

I see the ugliest side of these immoral con artists. I have seen interest rates of over 1,000% ! Yes, that's right, over a thousand percent interest on a loan. I've had more than one client tell me that they got what they thought was a pretty reasonable interest rate of 12% or even 20%. What they didn't realize is that those numbers are the monthly interest charges! These payday loan people are crooks, and they're evil people who take advantage of, and then harass endlessly, those who are most vulnerable. I can't stand seeing these people granted even more leeway to fuck people over.