Payday Lenders Suck Your Wealth Away

Christopher Maag of Credit dot com wrote about a spoof site called the redatory Lending Association, which makes fun of those payday lenders that make big profits gouging the working poor.

The Predatory Lending Association offers tools including a “working poor finder,” which places gun shops, liquor stores and pawn shops on the map and shows would-be investors in payday loan stores the best locations to open new locations…

It also gives tips on finding for the most profitable races to discriminate against.

“It’s easy to find the working poor,” the predatory lenders site says, “but our studies reveal that a difference in location of even a few city blocks can impact profits by as much as 45%.”

The PLA spoof was one of the first websites created by Front Seat, a Seattle-based company that usually makes web tools more earnest than snarky.

Payday Lender Spoof

Predatory Lending Association

via Boing Boing