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PDL Petitions/Act of Congress

Date: Sun, 10/15/2006 - 08:28

Submitted by PDLFREE
on Sun, 10/15/2006 - 08:28

Posts: 1245 Credits: [Donate]

Total Replies: 8


Okay folks I don't know anything about politics and legal jargan (I am sure someone here does know this tuff) Anyhow I do believe if the people speak up in the form of a petition to get PDL's banned that the government would listen. The little people need to get a voice heard in Washington and let the government know what scum these people are. It's going to literally take an act of congress to shut this industry down. I know that there is a bunch of lobbyists up there who represent the PDL industry but I guarantee there are more people in numbers that have been scammed and taken by these people. It's just a matter of getting it done.


I have spoken with staff at the dept. responsible for overseeing these types of companies, and as it was told to me that it is up to each individual state to determine the laws in regards to this type of business. And in order to make a change you must write your representatives and senators to bring attention to the matter. The only change I see Washington taking against these pdls is to protect military members and their families. I know that my state doesn't take it lying down when these pdls violate the laws. But there are states out there that don't see this as a big issue and don't take action to protect the consumer.


lrhall41

Submitted by WHEREAMI? on Sun, 10/15/2006 - 09:45

( Posts: 5263 | Credits: )


PDl's are businesses operating in the free market. You can't fault them on trying to make a dollar. The problem lies with the people using them. We need to educate the population, not regulate PDLs. We already have too many stifling laws. If someone needs the cash and is willing to pay 400%, then by all means let them. But don't waste my tax dollars regulating another free market industry.


lrhall41

Submitted by on Sat, 10/21/2006 - 04:35

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Free market my foot these people are vultures who prey on the unsuspecting and desperate. They know statistics will show PDL clients live paycheck to paycheck and that most likely they won't be able pay the loan back first go round. Read my blog entry for today and this is a perfect example of a victim of this so called business operating on the free market. They are financial predators and will be stopped if not by me but by someone else. As for wasting tax dollars do you have about 6 hours where we can sit down and I can tell you how MY tax dollars are wasted. Give me a break and take your argument to your dinner table.


lrhall41

Submitted by PDLFREE on Sat, 10/21/2006 - 04:52

( Posts: 1245 | Credits: )