“Banks call it a service,” the president said. “I call it exploitation.”
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It is exactly that…exploitation. I hope that I see this come to pass. While they’re at it, they could give the Payday/Title loan industry a public spanking for good measure.
“As little as $3” is still true if the outcome is up to $30.
While I think he could pull off single digits, it sure isn’t going to be $3.