Regulate - Yes
Regulate - No
When they start regulating when I can brush my teeth, I'm putting my foot down.
Lady Gaga/Nikki Minaj 2016
Because you know we're all about our base, 'bout our base, no rebels...
And I don't know that the problem is that people are asking for payday loans for every red cent of their paychecks anyway. But even if they are, they're already in big trouble. Bad credit, overextended, etc. If the car breaks down and they need $500 to repair it, what should they do?
Horse sense is the thing a horse has which keeps it from betting on people. ~W.C. Fields
I bet they never asked the poor.
This is what you need to walk in and write a $500. check
1. Current paystub
2. Electric or utility bill
3. Current Bank Statement
4. Driver licence or State ID
they do run you name and DL number, at least here in SC through a data base to make sure that you don't have any other PD loans out, or that you haven't defaulted on one...But other than that not any verification that you would think would be meaningful, or doesn't address the issue of basically taking over their next paycheck entirely....
But, you're actually right about some things...after being in here arguing this, I, in the end really don't care if people want to be stupid, and take out these crappy loans...It isn't my money....I just think it is astonishing some of the attitude I get in here for the slightest step out of the line, not from you necessarily but in general from people....