Mike Lindell reveals shocking details about MyPillow's lo...

What this episode covers

Mike Lindell, CEO of MyPillow, disclosed that his company acquired a $1.6 million loan from a payday lender with a 409% interest rate. He highlighted that payday lenders target struggling businesses, creating unstable financial conditions with unsustainable loan terms. Lindell criticized these practices as predatory, indicating they endanger small businesses and hinder their financial health. He called for more transparent and supportive lending practices to help struggling businesses. His experience underscores rising concerns regarding payday lending in the corporate sector and its implications for business stability.Learn more on this news visit us at: https://greyjournal.net/ Hosted on Acast. See acast.com/privacy for more information.

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This episode was published on December 12, 2024.

What is this episode about?

Mike Lindell, CEO of MyPillow, disclosed that his company acquired a $1.6 million loan from a payday lender with a 409% interest rate. He highlighted that payday lenders target struggling businesses, creating unstable financial conditions with...

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