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Published: November 6, 2009 print this article Print save this article Save email this article Email

Obama signs homebuyer, jobless aid bill

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That was a good bill. But is it approved for all the American people? I mean there are lots of people who are unemployed right now. Will this bill be effective? Many families are hit hard by recession and many of them lose their house too. In reality, payday lenders, as an industry, yield meager returns between 10 to 25%, if you go by SEC filings. A recent study by Oxford and Vanderbilt University scholars, found that lenders make modest profits and high costs, and that the profitability of the industry is far below the banking and credit card industry. It would seem that payday lenders and payday loans aren't as bad as the huge banks we just gave trillions to, and it isn't as if payday lenders buy Congressmen, is it?
see, http://personalmoneystore.com/Payday-Loans/ .

Angela Dean | Nov 6, 2009 11:49 pm | Request Removal