How to Make Short-Term Loans Cheaper…

…don’t make a profit!

That’s what the Federal Deposit Insurance Corporation (FDIC) concluded when it released the results for the Small-Dollar Loan Pilot Program.

Thomas Brown of Bankstocks.com has a lot to say about the subject.

“The loans are ‘safe, affordable, and feasible.’ Haven’t they left something out? I know! ‘Profitable.’”

<a href=”http://www.bankstocks.com/ArticleViewer.aspx?ArticleID=6137&amp;ArticleTypeID=2&amp;AuthorID=620&amp;DepartmentName=Thomas%20Brown%27s%20Articles”>Read Brown’s full article here on Bankstocks.com</a>.