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My Ten Sense: Shame on Montel Williams for endorcing “bad credit loans”

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Montel Williams received noteriety for his late 1980s tour, Mountain Get Out of My Way, that motivated teenagers to overcome obstacles, and he was rewarded with his own talk show, The Montel Williams Show, that ran from 1991 to 2008.

But now Montel is contributing to the demise of so many Americans by endorsing “bad credit loans” from Money Mutual in which consumers can borrow as much as $1,000 as long as they have a job making at least $800 a month. These short-term loans are also known as payday loans or cash advances. These are the worse loans you can possibly get, and Williams should be ashamed of himself for promoting them.

Next to the former talk show host’s face, Money Mutual ads state:
Need some additional cash?
Bad credit OK?

This is bad for several reasons.

Find out why on my financial advice blog, www.mytensense.com, and “like” my Facebook page to get my latest money tips.

47 Comment

  1. I concur with you on this matter. I've been saying that for a while that he ought not be promoting such garbage.

  2. montel will do anything for money he’s a JOKE

  3. He's human, we need to stop borrowing money we can't pay back…

  4. Add Doug Banks, DeeDee and Rudy to the list. The Diyg Banks Show promotes these payday loans every hour. It’s disgusting and predatory. I know all too well how these loans can ruin a persons credit an livelihood. Promoting these loans sets our community back and keeps us in debt and poverty. Give people education and resources on how to live within their means, not be motivated by materialism and how to set an reach realistic financial goals. These lenders charge 400% interest, sell your private information to other countries and fraudulent companies, as well as harass you. Shame on the Montel and Doug Banks for selling out themselves AND the Black community!

  5. Endorse is spelled with an "S", not a "C".

  6. That’s Montel Williams. He will sell anything from his homemade veggie juice to a bridge in Brooklyn. Anything for a dollar. You would also be surprised as to how many people get these payday loans. Anyway, I guess this is how he makes a living now. He and his family have to eat.

  7. Shame on Montel for these payday loans; what did you expect? His shows were disastrous w/ the fortunate teller and the DNA tests. Apparently, he desperately need the money.

  8. He is terrible. I looked up another product he endorsed and found it for a third of the cost. That is deceit. He knows so may people watching TV in the middle of the night are vulnerable.

  9. He is only promoting an avenue that exist for people who can't get money from banks. If banks were lending money to these people, there would be no payday loans. Ironically, those who use this vehicle and pay back on time, swear by it. (Just sayin' ).

    • I have seen the demise of many friends, using payday loans. I saw his commercial about the money mutual loans [payday loans] and always wondered if he stooped that low, due to him having financial problems. Forshame Montel…FORRR SHAME

  10. If you go to pay day loan places then you can’t blame Montel, That’s on you .H’s just doing waht they are paying him to do. educate yourself then you won’t be fooled Iam just saying.

  11. I was shocked the first time I saw one of the ads. I guess when his show went, his character went with it.

  12. Let us say that the brother started out with the idea to make money that we al;l start out with, however, how much is enough… If you are caught out there with lack of knowledge and the alleged love of money. It could be you!

  13. He's become a typical Sambo and as we can see he will do anything for $$$$.

  14. […] My Ten Sense: Shame on Montel Williams for endorcing “bad credit loans” […]

  15. Yes, I too am supprised and disgusted that he would endorse a predatory schem such as this.
    As for feeding his family; one would think that he made a decent salary during all of the years that he had his own show.
    As for people educating themselves; everybody is not as smart as you.

  16. People People People!! Stay Away From These Loan Sharks,They Only Prey On Black and Poor People…They Charge You[$400 to 500%] interest Please Beware!! Do Not Fall For The Hype!!

  17. Montel is sure conning a lot of folks. Payday loans are nothing more than legal loan sharks. He also is pushing a blender and those dumb copper bracelets. People should just think a little. Anyone should know copper is not going to ease pain.

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