Loan Sharks

Is Credit Evil?

Don McNay | Posted 09.29.2009 | Business


Don McNay

I've watched many people get in trouble with upside down car loans, second mortgages or high interest rate financing. Credit keeps many people from living within their means. Then a friend told me he was buying a large house.

An Open Letter to Magic Johnson

Don McNay | Posted 05.23.2009 | Business


Don McNay

Who is the real Magic Johnson? The friendly guy who raises money for charities or the guy who encourages people to get high interest loans they don't need?

Stop Wall Street Loan-Sharking

Sen. Bernie Sanders | Posted 04.14.2009 | Politics


Sen. Bernie Sanders

What Wall Street and credit card companies are doing is really not much different from what loan sharks do who make predatory loans. They are destroying people's lives.

Fixing the Economy, from the Bottom Feeders Up

Don McNay | Posted 12.18.2008 | Business


Don McNay

I'm not sure where the payday lending businesses came from, but they populate poor neighborhoods everywhere. It's time to help people on the low end, too.