FOR IMMEDIATE RELEASE Rio Rancho, NM – Patrick Brenner, founder and president of the Southwest Public Policy Institute, called out the Better Business Bureau’s (BBB) misleading attack on small-dollar lending in a new report. “While the report includes dozens of false assertions about the industry – from using the meaningless metric of APR, to making […]
Topic: New Mexico
state of the United States of America
Kip MorseChief Executive OfficerBetter Business Bureau3033 Wilson Blvd, Suite 600Arlington, Virginia 22201 Dear Mr. Morse, We are seeking clarifications regarding a new report published by your organization on small-dollar lending on September 1, 2022. https://www.bbb.org/all/scamstudies/payday_loan_scams_study.html While the report includes dozens of false assertions about the industry – from using the meaningless metric of APR, to […]
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