The Arizona Republic

High-interest loans are the only option for the poor

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What world does the editorial board live in (“164% loans insult voter, hurt poor,” Editorial, Thursday)?

The people who use these loans have a history of not paying their debts.

The transactio­ns are relatively small and therefore the administra­tive costs are high in percentage terms. Further, since borrowers don’t pay, collection costs are high — as is the default rate. And, the loans are unsecured — there is nothing to repossess.

Therefore, losses are high. No other lender — banks, credit card companies, credit unions, or anybody else will loan to them. Now, you have cut off the one source of loans that was available to them. I suspect that the editorial board won’t make personal loans to them.

— Michael Juilfs, Glendale

When will Trump voters finally admit they made a huge mistake?

I am simply curious. At what point in time will the people who voted for Donald Trump come to realize what he truly is? How much proof do they need?

I realize that you really wanted the “Trump Experiment” to work out, but now that it hasn’t, does he really need to shoot someone in Times Square for this to end?

I can’t even imagine what the outcry from the Republican Party would have been if this was reversed. In the future, if someone suggests we need an inexperien­ced outsider to fix Washington, let’s take a pass.

Kinda seems like a really dumb idea looking back.

— Cheryl Reed, Sun Lakes

Arizona legislator­s find another

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