Dave Feraldo
“They’re steadily employed, drug free, they live paycheck to paycheck. They’re not going to disappear and they are the type of people who want to pay back debt.”
Dave Feraldo believes that that military personnel are easy and lucrative targets for payday lenders…
He has seen dozens of soldiers fall into the payday loan trap and says lenders market themselves in ways that trick service members who are young and financially inexperienced.
Dave Feraldo works with the Navy-Marine Corps Relief Society in Jacksonville, Fla.
Source: Are Predatory Lenders Ripping Off Our Nation’s Finest? (ABC News)
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