Sunday, July 09, 2006

John Edwards: stop predatory lenders

John Edwards: stop predatory lenders

The Underrated One, Mike Glover, writes that John Edwards is picking up on one of Joe Bolkcom's key issues:

"John Edwards, a White House hopeful, focused on the problem of predatory lenders in his first swing through Iowa since a statewide poll gave his potential presidential campaign a boost.

'What we're doing is focusing on what can be done to stop predatory lenders and payday lenders from preying on our most vulnerable families,' said Edwards, who called for new regulations for an industry in which annual interest rates for payday loans can soar to 300 percent to 400 percent."

Also a peek behind the Gazette wall at Evan Bayh's trip.

MyDD picks up on it, too.

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