Xenia, OH city council did it

Payday Pundit header image 2

Categories

Payday Pundit on your mobile device
Tags

alternatives Arkansas ban bank fees bans best practices bounced check fees California Center for Consumer Freedom Center for Responsible Lending Chris Widener Cleveland Plain Dealer Colorado Columbus Columbus Dispatch consumer choice credit cards customers D. Lynn DeVault Denver employees financial choice HB 545 Issue 5 Jamie Frauenberg job loss local issues Missouri New Hampshire North Carolina Ohio Oregon overdrafts Pennsylvania rally rate cap rate caps research South Carolina state regulation The State Tim Miller Tommy Moore Virginia Wall Street Journal
WP Cumulus Flash tag cloud by Roy Tanck requires Flash Player 9 or better.
Administrative

Xenia, OH city council did it

April 25th, 2008 · 1 Comment

They put restrictions on check cashing and payday loan stores. Here’s the update in the Dayton Daily News.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

Tags: Dayton Daily News · Ohio · industry · local issues · media coverage · regulation · states

1 response so far ↓

1 Jon Schultz // Apr 25, 2008 at 9:06 am

I think one reason city councils restrict payday loan stores is the influence of real estate interests. They want to hide the fact that there are a substantial number of people in the community who are having financial difficulties, so real estate values won’t fall.

Whatever happened to “inalienable rights” in this country? People should have an inalienable legal right to run an honest business without interference from politicians.

And consumers should have an inalienable legal right to choose from among honest offerings being made, without politicians restricting their options for dubious reasons.

Leave a Comment