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6. Where do these lenders

Wed May 11, 2016, 04:24 PM

May 2016

get the money to lend? I'm pretty ignorant here. Do they borrow from the Fed at a ridiculously low rate and loan it out at 200%? Thanks.

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Highlight:

Debbie Wasserman-Schultz scarfs up $$$ from industry Google bars from advertising [View all] cali May 2016 OP

Where do these lenders tom_kelly May 2016 #6

That is a great question cali May 2016 #7

40 to 50% of the funding comes from big banks Mosby May 2016 #12

Thanks! cali May 2016 #14

This message was self-deleted by its author jwirr May 2016 #15

FIRE DWS! Donate to Democratic Underground for Tim Canova FL-23 here Omaha Steve May 2016 #20

"do no evil" unless you are the DNC tk2kewl May 2016 #2

Legalized loan sharking protected by the powerful cali May 2016 #4

A Moral Case for Putting a Stop to Payday Lending Abuses cali May 2016 #3

K&R for exposure. Duval May 2016 #5

K&R for exposure dorkzilla May 2016 #8

Payday Lenders are basically financial enslavers AZ Progressive May 2016 #9

Loan sharks bribing lawmakers cali May 2016 #10

I heard that DWS husband is a banker. That is probably why jwirr May 2016 #16

She loves predatory capitalism, so she must go. Rex May 2016 #11

She is symbolic of all that contaminates Democratic Party Jackilope May 2016 #13

What Jackilope Said! Ferd Berfel May 2016 #17

They used to call them "loan sharks." Uncle Joe May 2016 #19