Who thinks payday loan companies should be banned in every state?
I fell into the payday loan trap, which I struggled my way out of. Now when I see someone going into one of those places, I just want to run grab them and pull them in the opposite direction! I hate predatory lenders. A: I think it makes more sense to teach Personal Finances rather than Geometry/Calc/higher level math, as most people would benefit much more from learning about interest rates, savings accounts, Roth IRAs, credit cards, mortgages, etc. Payday advance companies will always exist as long as the market proves there is a need for it. There is a need primarily because children aren’t educated in how to manage their income versus their expenses.
