A recent piece by Ed Mierzwinski of the U.S. Public Interest Research Group [“Regulators Play ‘Whack-a-Mole’ With Predatory Lenders,” August 13] vilifying the short-term, online lending industry as “predatory” grossly misrepresented companies focused on serving the very real financial needs of the consumers he claims to support.
Read the full story here: http://www.usnews.com/opinion/blogs/letters-to-the-editor/2013/08/16/online-loans-help-families-meet-immediate-credit-needs