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October 27, 2008

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Lisa P

Health is the most important factor in our lives because if we do not have a wealthy health, this will affects our living. Doctors and short-term installment loans are things American shouldn’t have to do without. In order to keep people healthy, we must have access to proper healthcare. For our wallets, particularly during emergencies, small consumer loans should be an option. Yet it is doctors who are feeling the sting now, if what the latest Physicians’ Foundation survey says is true. The Physicians’ Foundation “advances the work of practicing physicians and improves the quality of health care for all Americans.” They strive to promote the safety of patients and doctor education. The vast majority of doctors who responded to their survey – 78 percent – believe that there are already too few family physicians. Nearly half of those who responded are angry that government and HMO regulations have damaged their ability to care for their patients, and they are looking to quit their practices. As the population grows, the ratio of doctor to patient will likely be stretched to the breaking point. In much the same way, if government and banks manage to eliminate the consumer’s freedom to choose what kind of small-scale emergency financing best suits them – like installment loans – customers will be driven to less desirable alternatives. As studies like the one by Dartmouth College Assistant Economics Professor Jonathan Zinman indicate, consumers’ economic well-being has been impaired once payday installment loan services are capped and removed from their communities. Doctors and all consumers should contact their representatives and congressmen and demand a stop to overregulation. The choice for health and the choice for a loan should be in the hands of the customer.


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