Sure, Why Not?

November 7, 2009 on 3:25 am | By admin | In Business | Comments Off

Lending in all of it forms has found its way into the magical and often misunderstood and unfairly maligned world of cyberspace.  That is to say that you can find a loan for almost anything on the web.  So why not online payday loans?  Its a combination of two things that in and of themselves are relatively harmless, if not good things, but when improperly used can be a nightmare.  Unfortunately the web and lending react differently to regulation.   The internet, due to its nature, is very hard to regulate and,in fact probably shouldn’t be regulated at all.  Lending, however, should be heavily regulated, due to human nature.

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