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Dave's take on payday lenders vs. the government

Wednesday, Aug 12 in Payday loan

Dave rants about payday lenders and discusses an article about the exit of payday lenders from the state of Arkansas. Then he has his say on what happens when government gets involved in kicking the payday scums out.

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Bad place for an old lady to be

Thursday, Jul 17 in Payday loan | Comments (8)

Question: Rochelle's mom is having a difficult time going to the payday loan store to repay her debts. Why can't she mail it in?

Dave Ramsey's advice: Because they're butts! They are payday scum lenders. Figure out how much she owes and pay it, then threatened her to within an inch of her life if she ever goes near them again. I can't think of anything sadder than an old lady involved with payday loan stores. They are scum-sucking bottom feeders. She's being taken advantage of and mistreated. If they want their money, they'll take it if it's mailed. If they won't, bite my ankle!

Dave talks about how the sky is not falling, and banks are not closing, and the stock market is not crashing, and the economy is not failing. Don't leave all your money in one bank.

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