Political Quotes

On the recordJuly 23, 2013
If the concern we have is about a product that is designed to ensnare people in repeat loans over time so that it is possible to extract from them 200 percent interest, then it seems to me that Ms. Smith is describing such a product from Wells Fargo.
Said by
Elizabeth Warren
Democratic · Massachusetts

Editor's note · Context

Warren critiques a banking product that traps customers in high-interest loans.

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