Aug 29 2007
Senator Hawkins Files Lawsuit Against Payday Lenders
A South Carolina couple has filed a lawsuit claiming payday lenders attract borrowers to “unconscionable loans” and trap them in an endless cycle of trying to repay the loans.
State Sen. John Hawkins filed the lawsuit Tuesday on behalf of Mark and Rebecca Morgan of Horry County. Hawkins said he would seek to make the lawsuit a class-action.
“We allege in this case that they payday lenders have enticed borrowers to enter into unconscionable loans with little reason to believe the loans could be repaid,” said Hawkins, a Spartanburg Republican.
Apparently, Senator Hawkins thinks nobody is responsible for their actions. That is the only conclusion I can arrive after reading about this lawsuit he is filing. Were the Morgans forced to take out this loan? Was a gun put to their head? Did the lending company threaten their family if they didn’t take out a loan? Of course not. The only people responsible are the Morgans, who took out a loan they were incapable of paying back and that is their own irresponsibility, nobody else’s. Senator Hawkins is only encouraging this reckless behavior, but then again, he is a lawyer so I suppose we can’t expect too much integrity from him.
