Where are these people going to get short term financial help if the only option they use is taken away? This is the question that none of the payday opponents can answer. Well, I have done my homework and found a company at http://www.yadyap.com that is going to offer peer-to-peer payday loans. This will create an auction on borrower requests so the rates will be as low as the market will allow. I am interested to lend on the site so I can see if it will really work.
Check Into Cash to keep Ohio, Arizona stores open
To the two previous comments:
Where are these people going to get short term financial help if the only option they use is taken away? This is the question that none of the payday opponents can answer. Well, I have done my homework and found a company at http://www.yadyap.com that is going to offer peer-to-peer payday loans. This will create an auction on borrower requests so the rates will be as low as the market will allow. I am interested to lend on the site so I can see if it will really work.