Detailed text transcripts for TV channel - MSNBC - 20100713:01:16:00
36%! you would jump on that amazing opportunity if your religion did not preclude you from doing so. so in what universe is 36% interest actually a bummer? such a bummer, in fact, that you would flee the state that wanted you to make that much? that would be this universe. the universe of payday lending, when you routinely make 400% interest on your loans, suddenly a measly 36% isn't looking so good. this, you'll recall, is allan jones, the founder of check into cash, and our favorite poster boy of the payday loan shark industry. the industry has been very, very good to allan. all those loans ...