http://paydaypundit.org/2009/08/24/suddes-column-ignores-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/2009/08/24/suddes-column-ignores-the-facts/comment-page-1/#comment-7611 darren Wed, 26 Aug 2009 14:25:13 +0000 http://paydaypundit.org/?p=4799#comment-7611 The Ben Franklin look went out about 200 plus years ago.I do notice how he trys to be slick saying the industry told the politicians that they would operate under different laws to stay in business.NO the industry were incouraged to operate under these laws.Bill Faith even said that the industry could still stay in business in Ohio under the small loan act or the mortgage loan act.Now these laws that have been on the books for 30 years are now considered loopholes.These advocacy groups and politicians against the indusrty told voters that the indusrty could survive under these new laws.They have lied to voters,because there goal has always been run out the nontraditional banking option.Lets face it our industry is in the fight of it's life because our new government wants bank rule.We are the scape goat for the banks,who dont have to answer to any one! now they can elimanate there competition through regulation.What else can we give them?Dont know but they can keep old Ben up there The Ben Franklin look went out about 200 plus years ago.I do notice how he trys to be slick saying the industry told the politicians that they would operate under different laws to stay in business.NO the industry were incouraged to operate under these laws.Bill Faith even said that the industry could still stay in business in Ohio under the small loan act or the mortgage loan act.Now these laws that have been on the books for 30 years are now considered loopholes.These advocacy groups and politicians against the indusrty told voters that the indusrty could survive under these new laws.They have lied to voters,because there goal has always been run out the nontraditional banking option.Lets face it our industry is in the fight of it’s life because our new government wants bank rule.We are the scape goat for the banks,who dont have to answer to any one! now they can elimanate there competition through regulation.What else can we give them?Dont know but they can keep old Ben up there

]]> http://paydaypundit.org/2009/08/24/suddes-column-ignores-the-facts/comment-page-1/#comment-7584 PDL Industry Blog Mon, 24 Aug 2009 20:28:34 +0000 http://paydaypundit.org/?p=4799#comment-7584 Now that's a face for radio ;) Now that’s a face for radio

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