Darryl Dahlheimer
“With online loans, they’re greasing the skids so people slide into boiling oil that much faster.”
LSS Financial Counseling project manager Darryl Dahlheimer believes that online payday loan companies put consumers on the debt treadmill much faster than brick and mortar lenders…
According to an article by John Reinan, Dahlheimer also said that the ease and anonymity of online payday loan transactions were potential pitfalls:
“The ease of access and the anonymity allow people to get into trouble with much less oversight.”
Darryl Dahlheimer is a project manager at Lutheran Social Service Financial Counseling in Minneapolis.
Source: Payday Loans Rise Online - And So Does Debt by John Reinan (Minneapolis Star Tribune)
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