It's a good way to help our fellows limit their debts. However, getting into debt is a choice. According to several senators, it could be really dangerous for a consumer to use a bank. Banking institutions have access to the consumer's banking account, making abusive practices easier. This is why the group of senators is hoping to outlaw payday loans[1] from banks.
JeanU January 15, 2013
at 12:54am
It's a good way to help our fellows limit their debts. However, getting into debt is a choice. According to several senators, it could be really dangerous for a consumer to use a bank. Banking institutions have access to the consumer's banking account, making abusive practices easier. This is why the group of senators is hoping to outlaw payday loans [1] from banks.