St. Paul man testifies in Washington about predatory lending

Programs & Series | MPR News Feature | Topics | Business & Industry |
July 26, 2001
Jim Bickal - Reporter
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A Minnesota man will testify later today before the U-S Senate Banking Committee about his experience with predatory lending. Paul Satriano (SAT-tree-ON-oh) says he refinanced his credit card debt with a company called Beneficial, but the company didn't do what it promised, and instead charged hidden fees and added unnecessary costs. Satriano (SAT-tree-ON-oh) is a member of ACORN, an advocacy group that targets predatory lending. He joins us now from Washington, DC. Paul Satriano (SAT-tree-ON-oh) who is in Washington to testify before the U-S Senate Banking Committee today about his experience with predatory lending.

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