Outlaw or properly regulate Loan companies in America to throttle down ridiculous rogue interest rates

  • by: James Mathews
  • recipient: Loan establishments such as banks, home, and title lenders.

Loan companies in America are like a kid having access to poison disguised as easy to grab candy, and we must act against the great American money grab happening in this nation destroying our economy. While it could be said the fault may lay at the borrowers feet, loan companies do effect the financially deprived population, while looking like an answered prayer waiting to happen. Even though the loan becomes the borrowers worst mistake, doesn't mean we don't protect our economy from crooked capitalist. I myself was charged 130 dollars interest on a title loan, plus the initial due payment of 127 dollars. I ask myself in confusion, why does the government allow lenders to force you into default with interest, allowing them to cash in on your property, and then cash in on your debt. I now realize that these companies want you to default to max out profit, and if not it sure seems that way. These companies will take all you have and still cry damages, but if we truly wanna make America great again, we must do away with these get rich fast crooked, under regulated or not at all businesses. Stand with me and tell the government to stand for us against these crooks who do not care what happens to this nations people, our economic future depends on it. After all, you can't be expected to pay an almost impossible debt. Thank you sincerely for signing this petition.

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