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Public hearing tomorrow in Kentucky

October 26, 2010 | Kentucky | Comments (1)

From the story

The hearing, which will include public testimony on the impact on consumers, will be from 2 to 4 p.m. at Shiloh Baptist Church, 237 East Fifth Street, in Lexington. Another hearing is scheduled for Nov. 9 in Newport.
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Comments»

1. Gabe Rodriguez - November 2, 2010

Is this latest post on our payday advance forum true?

“Due to new Law Restraints in Kentucky, no more “Payday” Licenses will be issued. According to th HOUSE BILL 444, The Department of Financial Institutions (DFI) shall not issue additional deferred deposit licenses for a period of 10 years after July 1, 2009.We have 9 Licenses currently for Sale. Only the licenses that are current and have previously been issued are valid. This is a great opportunity for a company or entrepreneur to start or expand a business. Please only serious inquiries. Please post if you are interested. Price for each license is negotiable to a certain extent and they ARE ALL CURRENT and VALID with the State of KY.”