Detailed text transcripts for TV channel - MSNBC - 20140416:00:59:00
At a certain time of the year. so if you lay this alongside of payday loans and auto title loans, there's a lot of weigh-in, which we are profiting, making double-digit profits off of poor people, by essentially loaning back to them the money that they already make. >> so what is the solution here? >> the solution is, there has to be greater regulation. first of all, there's not even a regulation of who can qualify as a tax preparer. there has to be some regulation around who can do this. there has to be -- there are actually existing ways through nonprofits, in churches and other ways who are...
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