Payday Pundit

Hour 2 features a lively intervew with Ohio’s Speaker of the House John Husted, a republican in support of banning payday lending.  Bob Franz has done his research, understands the industry and the product and does a great job asking the tough questions.  Husted admits that the 28% APR cap will close the industry down.  Quoting Franz, “With republicans like that, who needs democrats?”

Hour 3 includes more commentary on the payday lending debate with Jamie Frauenberg, president of the Ohio payday lending trade association.