Letter: Ross bill would victimize low-income borrowers
To The Editor:
State Rep. Chris Ross, a Chester County Republican, introduced House Bill 2191 last month, a bill that would legalize Payday or cash advance loans in Pennsylvania. (A payday loan, or cash advance loan is costly quick fix to families living on the edge. The Federal Trade Commission calls them, “costly cash” these are small (usually $50 – $500) short term loans with very...