Political Quotes

Jack Reed: “When I was a kid in Rhode Island, they did not call that 'payday lending.' They called it 'loan sharking.'”

On the recordMay 25, 2021
When I was a kid in Rhode Island, they did not call that 'payday lending.' They called it 'loan sharking.'
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reed highlights the predatory nature of payday lending and its impact on vulnerable individuals.

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