Posted on29 April 2008.
This Cleveland Plain Dealer story has the latest, but payday lending lobbyist Darryl Dever sums it up nicely:
“If 36 percent puts you out of business, what do you think 28 percent is going to do?” asked Dever.
It’s amazing that given the rough time Ohio is having economically legislators would consider a bill that costs the state 6,000 jobs, millions in tax revenue, and uncountable losses to vendors, contractors and others that do business with the 1,600 payday loan stores in Ohio.
Payday Pundit: Thank you for asking! Please feel free to use our ...
Payday Pundit: Yes, we hope that it will be a fair and balanced p...
Jer Ayles-Ayler: We can only hope a journalist at Today will attemp...
Phil: I think check n go is thriving in this fierce comp...
Donya Jadlowiec: Hello could I use some of the material found in th...
© 2011 Payday Pundit. Powered by CFSA.
ohio really needs to crack down on credit unions, banks and credit card companies on their interest rates! $15.00 per $100.00 with a payroll advance company is alot more reasonable than overdraft fees, etc.that occur with the credit unions, banks, credit card companies etc., when a payroll advance check returns you only get charged $25.00 per loan period if it takes you 2 years to pay back a returned $600.00 loan your balance becomes 712.50(687.50 to get loan 25.00 on bounced check fee) as you make payments on your balance it is applied to principal only they don’t continue to add fees. what credit union, bank or any other financial place does that? if you borrow from them and your check returns for any reason they charge over draft fees, late fees, over limit fees, etc. payroll advance companies are great and you don’t have to open an account with x amount of dollars that you have to keep in a certain account in order to do business with them. ohio is in great need of these places also in great need for the thousands of people employed by payroll advance companies, look at the whole gambling issue can we really afford to keep letting our govn’t “save us from ourself” just to get a vote in office? i think “the people” are not as stupid as our govn’t makes us out to be what happened to freedom and your right to do with your money as you see fit. come on ohio politics