Posts Tagged ‘Consumer Rights Watch’

Over at Consumer Rights Watch, Mark Ireland has stated two truths about Payday lending:
1. Payday lending is a business that simply keeps people in debt, rather than provide them with an emergency safety net, and
2. Only enforcement of a comprehensive interest rate cap at or around 36 percent for small loans will solve the debt [...]

Public interest lobbyist Ron Elwood and former Minnesota attorney general Mark Ireland recently started Consumer Rights Watch, a blog on consumer issues in Minnesota.
Other than a glaring omission in the links section, it looks like a great blog. Check it out.