Dallas Morning News: Garland-Mesquite readers tell us if city officials should regulate payday lenders

December 22, 2013

The city of Garland is considering putting regulations on Payday loan establishments.

Should the city of Garland impose restrictions on Payday loan establishments?

Barbara Broughton, Garland: In my opinion the payday loan establishments prey on the poor and down and out. Extremely high interest rates are imposed on anyone who borrows money. The city of Garland should closely monitor this type of business. Payday loan offices are nothing more then loan sharks out to rob those who enter their doors. This type of business should not be allowed in our city. We can do better. 

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