Detailed text transcripts for TV channel - FOXNEWS - 20120818:19:38:00
Talk to me nice on phone i'll switch. >> and caps have unintended effects. arkansas capped interest at 10%. >> very few people can get a credit card in arkansas and arkansas is known as the pawnshop capital of america. >> in the 1960s second biggest revenue of organized crime was illegal lend can. is that what we want to go back to? where we get rid of payday lending. they charge an interest rate that was well over thousand percent and collection techniques are a lot tougher than your local pawn shops. people like options.
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