Political Quotes

Jeff Merkley: “There is a demand for these loans; therefore, we should simply leave the system as it is and allow these 500-percent…”

On the recordSeptember 16, 2014
There is a demand for these loans; therefore, we should simply leave the system as it is and allow these 500-percent loans.
Said by
Jeff Merkley
Democratic · Oregon

Editor's note · Context

Merkley critiques the payday loan industry's justification for high-interest loans based on demand.

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