With few exceptions, the media and so-called consumer advocacy groups do a pathetic job of reporting on the payday loan industry! At least they’re consistent; their bias makes me gag. The old saying, “If you say it enough times, it becomes the truth” is their strategy. For your “enlightenment” Dear Reader, a quote and a link to another feeble attempt to attack our small dollar loan industry: “Citizens Advice Bureau received 1270 survey responses (out of 4.1 million UK loans). Selected results, covering some of the main issues for consumers such as how much the loan is going to cost and how it needs to be repaid, are set out below.” A link to the “Survey???”
