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Editorial: Whatever they call by themselves, payday loan providers are really a scourge

Rob VanderMyde, A titlemax that is former store, poses for a portrait outside a TitleMax shop on Wednesday, Sept. 16, 2015, in Crystal City, Mo. Picture by Chris Lee

Hidden deep in Walker Moskop’s distressing story about TitleMax in Sunday’s Post-Dispatch had been a remark from a person who utilized to perform one of several company’s 72 high-interest loan shops in Missouri.

TitleMax, Rob VanderMyde told Mr. Moskop, is “counting regarding the known undeniable fact that everybody whom will come in there clearly was reckless. They’re in a bind, they’re bad, whatever.”

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