Online Payday Loans

Truth in Payday Lending

James Wood

Category: Quotes, Proponent — Saturday, April 14, 2007

“Let a consumer be a consumer… If it don’t suit you, don’t do it.”

Payday lender James Wood believes that the government should not be intruding into consumers’ lives and that borrowers should have the freedom to choose financial products that suit them…

Wood also said that while customers with financial problems do rewrite loans, they stop coming when they get back on their feet:

“The majority of customers, it’s not a lifelong thing like people think.”

James Wood owns Anderson Quick Cash Corporation.

Source: State Rep. Michael Thompson Looks to Limit Payday Loans per Customer by Heidi Cenac (Anderson Independent Mail)

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