1st Way to Avoid a Predatory Loan - Don't Read Payday Lender Press Releases
July 31, 2012
A service that links cash-strapped borrowers with payday lenders issued a press release in June on "12 Ways to Avoid a Predatory Lender." It included the sentence "To learn more about consumer protection and legal rights, visit The Center for Responsible Lending or [names a payday lending URL]"
Is it just us, or might readers infer that CRL and the payday service are somehow connected? We'd have preferred to see the sentence read "visit CRL or a website CRL would never endorse at [payday lending URL]."
Guess we get a bit touchy when we see predatory lenders trying to capitalize on CRL's reputation for protecting borrowers from abusive practices.
More straight answers: payday lending |