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The employees

November 6, 2008 | COHHIO, Ohio, employees, industry critics, states | Comments (0)

At least one newspaper has the decency to report on the fate on Ohio’s payday lending employees:

Most employees at local payday lenders referred questions to corporate offices, but Paul Arcario, manager of Money Mart at 2238 Tuscarawas St. W, doesn’t believe supporters of the issue gave voters an accurate picture.

“I think the way it was portrayed was really unfair,” he said. While commercials supporting the issue talked about interest rates of more than 300 percent on an annual basis, “We make only two-week loans,” Arcario said.

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