Then the area heard from Reggie Jones, an influential lobbyist for the payday financing industry.

Then the area heard from Reggie Jones, an influential lobbyist for the payday financing industry.

He played a video clip of borrowers whom discussed their loans. The area had been full of individuals who appeared as if the industry’s supporters.

Jones argued banking institutions charge overdraft and ATM charges, and therefore borrowers don’t have alternatives to pay day loans, in accordance with a page Scull later published about the meeting.

Jones failed to get back a demand touch upon this tale. Continue reading

Share Button