Payday Pundit

422,000 PEOPLE WOW just goes to show how politicians in this state are not doing the will of the people.Widner and jacobson look pretty bad right now cause they never expected the publics anger over this unwanted piece of legislation.SERVES THEM RIGHT and Bill Faith explain 422,000 signatures you advocate of the people???????And for these […]

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They’re thinking about this over at pdlblogspot.org. 

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Well this blogger examines the issue and says: 
Consumers may have to recalibrate their expectations of what a shopping experience is and adapt to consuming unbranded goods. No more will shopping seem designed to single individuals out, flatter them and encourage them to see the retail universe as fashioned specifically for them. Shopping is more likely to […]

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From the updated Dayton Daily News story on signatures filing.

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Boring story about the differences between Minnesota and North Dakota payday lending rules so we spiced in up with that catchy headline.  

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We posted the stories below, but here is the full news release for interested Payday Pundit readers. 

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The Times News of Virginia and Tennessee writes an a report released by the American Legislative Exchange Council (ALEC).  The report concludes that “Lawmakers should allow the private sector to grant loans to people with poor credit and give them options that may help them build their credit.”
Read the ALEC report.

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Don’t forget to weigh in on the paydayfacts.org poll.

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The editorial writers are stroking out over the fact that the Ohio Chamber of Commerce supports free enterprise.   From the hysterical editorial: 
It’s not shocking that the Ohio Chamber of Commerce has lined up with the payday lending industry. The chamber is reflexive in its support of anything that is “pro-business” no matter how extreme or loosely […]

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Professor J.R. Clark has a provocative op-ed  out today that says poor people are hardest hurt by rates caps: 
In the past 30 years, the democratization of credit has been one of the most powerful forces for economic progress by lower-income groups in the U.S. economy. In the 1990s, as interest rates continued their deregulatory trend begun […]

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