Imogen on Nostr: "I think it’s fair to call any triple-digit interest predatory," said Minnesota ...
"I think it’s fair to call any triple-digit interest predatory," said Minnesota Deputy Attorney General Jessica Whitney.
Whitney said such loans are like a "concrete life preserver."
"They look like they’re going to help people but at triple-digit… at 150, 200, 400 and 600%, what we have seen – that doesn’t help people," she said.
#Minnesota #Greed
Whitney said such loans are like a "concrete life preserver."
"They look like they’re going to help people but at triple-digit… at 150, 200, 400 and 600%, what we have seen – that doesn’t help people," she said.
#Minnesota #Greed