Archive | February, 2009

Comment of the Day

In response to the posting below “My whole impression of Utah is changing” a read writes:

Again, Ugh.

The Payday Pundit admires the brevity. 

Posted in Uncategorized0 Comments

PDLindustry blog weighs in on Ohio

A few thoughts on the so-called “loophole” issue.

Posted in Uncategorized0 Comments

You can borrow $100,000 from a pawnbroker

That’s if you live in Hong Kong.  Now these are people who believe in the free-market.   Utah can learn something.

Posted in alternatives, industry0 Comments

Credit cards still payment of choice

Read about it at credit.com.

Posted in alternatives, industry0 Comments

Need a free drink?

US Airways is going back to the future.    Not booze, but soft drinks are again free.  Read about it on Walletpop.

Posted in Uncategorized0 Comments

Advance America’s Chairman on Carolina Business Journal

William Webster, Co-founder and Chairman of Advance America Cash Advance Centers, the nation’s largest payday lender, appeared on WTVI’s Carolina Business Journal on Friday.  If you have a few minutes, it’s well worth watching.  Mr. Webster does an excellent job defining payday lending, the reasons customers use the service and addressing the allegations of industry critics.

Watch the full televised interview at http://wtvi.org/cbr.cfm. Mr. Webster appears  about halfway into the program, so you may want to jump ahead to that portion of the program.

Posted in industry, South Carolina0 Comments

My whole impression of Utah is changing

Who would write such an ugly editorial?   I mean calling payday lenders “creepy”?  Utah is not the polite, free-market, sensible state the Payday Pundit thought it was.  Or maybe the reporters and editorial writers are a distinct breed from the rest of society. 

Posted in best practices, industry, regulation, Utah1 Comment

Virginia update:

From the story:

Payday lending — The House and Senate apparently have reached agreement on legislation to block payday lenders from getting around new restrictions on high-cost instant loans.

Posted in industry, media coverage, regulation, Virginia0 Comments

More media bias

Since when is following the law a loophole?  Another Ohio newspaper picks up on the meme.

Posted in industry, media coverage, Ohio, regulation0 Comments

Comment of the Day

The media is biased and will remain so. All we can do is take every opportunity to get our message out in a logical, factual manner on a consistent basis.

We simply cannot give up!

Each time a payday loan fan has an opportunity to defend our industry we must do it. Rants and whining will not do!

The DallasNews.com recently ran, “High Cost Lenders Profit From Desperate Times.” Nick Sparagi and I both took the time to write brief, factual comments.

Each of us must have the facts about our industry and invest a few minutes to communicate them to anyone who will listen.

Posted in Uncategorized0 Comments

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