http://paydaypundit.org/2009/03/18/cleveland-plain-dealer-misrepresents-the-facts/ News and Information About The Payday Lending Industry Fri, 11 Jun 2010 22:59:45 -0700 http://wordpress.org/?v=2.9 hourly 1 http://paydaypundit.org/2009/03/18/cleveland-plain-dealer-misrepresents-the-facts/comment-page-1/#comment-3373 Jon Schultz Wed, 18 Mar 2009 17:48:24 +0000 http://paydaypundit.org/?p=2725#comment-3373 I think another reason so many editorial boards have opined against the payday loan industry may be the fact that banks supply a significant portion of their advertising revenue, and banks are of course not happy that people use payday loans to avoid the bounced-check and overdraft charges (not to mention credit-card late-payment and overlimit fees) which make up such a large percentage of their income. I think another reason so many editorial boards have opined against the payday loan industry may be the fact that banks supply a significant portion of their advertising revenue, and banks are of course not happy that people use payday loans to avoid the bounced-check and overdraft charges (not to mention credit-card late-payment and overlimit fees) which make up such a large percentage of their income.

]]> http://paydaypundit.org/2009/03/18/cleveland-plain-dealer-misrepresents-the-facts/comment-page-1/#comment-3372 Glenn Wed, 18 Mar 2009 16:04:08 +0000 http://paydaypundit.org/?p=2725#comment-3372 The Plain Dealer is struggling to stay in business by printing INTERESTING editorials. They are not going to let the facts stand in the way of newspapers sales. The Plain Dealer is struggling to stay in business by printing INTERESTING editorials. They are not going to let the facts stand in the way of newspapers sales.

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