Payday Pundit

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“Banning payday lending is like treating dandruff with decapitation.”

May 9th, 2008 · 1 Comment

This is the opening line in Toldeo’s WTOL coverage of the debate over payday lending in Ohio.
The reporter interviews Jessica, a Payday loan customer.  Who says,”I’ve always been the type where I handle my finances. I’ve always been extremely responsible. I pay my bills, and I didn’t want to turn to family.” She adds, “I had no idea what to do, and it really saved me.”…”It’s a need. There’s people in situations where they need help. They need a little extra to make ends meet.”

Watch the coverage 

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Tags: Ohio · WTOL · customers · industry · media coverage · positive media coverage · regulation · states

1 response so far ↓

  • 1 Jon Schultz // May 9, 2008 at 8:45 am

    A breath of fresh air. If all reporters were as good as this guy payday loans would be available to residents of all 50 states and there would be no debate on the matter.

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