Nov 12 2007
Poll: District Residents Don’t Support Ban
A poll carried out by Zogby International, in Washington DC to survey local residents; majority of those polled did not support the ban on fast cash loans. Although they may want some areas regulated they don’t see the need to get rid of these “life saver”.
Letters sent to DC council members urged them to consider the majority of the residents who are in favor of faxless payday loans. Many residents felt uncomfortable that these businesses should be put to an end since they rely on them for short-term financial emergencies.
Residents preferred that the council look into other important matters affecting them other than faxless payday loans merchants but also support the council of wanting to reform the business of payday loan and consumer protection.
