Checksmart is a national payday lending company headquarted in Oho. CEO Ted Saunders made some frank comments to the Newark (Ohio) Advocate:
“Nobody is going to do business under what HB 545 created,” Saunders said. “I have 700 employees in the state, and I’d like to make a go of it. We have a window of […]
Entries Tagged as 'Newark Advocate'
Dose of reality from Checksmart CEO
November 17th, 2008 · No Comments
Tags: COHHIO · Newark Advocate · Ohio · employees · industry · industry critics · media coverage · states
Who is he to give advice?
October 23rd, 2008 · 1 Comment
Some bank employee in Ohio urges a YES vote on Issue 5 (a Yes vote retains the rate cap law). No where in this letter does he say his bank can give customers a short-term loan.
Tags: Newark Advocate · Ohio · industry · media coverage · regulation · states
Split personality
October 19th, 2008 · No Comments
The Newark (OH) Advocate couldn’t decide whether a YES or NO vote was better on Ohio issue 5, so the editorial board wrote a vote YES editorial and a vote NO editorial.
Maybe this is a sign of how close the vote will be.
Tags: Newark Advocate · Ohio · media coverage · states
Debate heating up in Ohio
October 12th, 2008 · 4 Comments
This article contains some video of Bill Faith, anti-payday lending extremist, and Ted Saunders of CheckSmart, an Ohio-based payday lender. Click on the links a little bit below the pictures.
We think Saunders won this hands down.
Tags: Bill Faith · Newark Advocate · Ohio · industry · industry critics · media coverage · regulation · states
Contrasting opinions on payday loans in Ohio’s AG race
October 10th, 2008 · No Comments
I think this article makes pretty clear which Attorney General candidate in Ohio is supportive of the payday lending industry.
Tags: Newark Advocate · Ohio · industry · media coverage · states
“Payday lenders help employees, customers”
May 11th, 2008 · No Comments
A powerful letter to the editor in Ohio’s Newark Advocate from a manager at a Cashland store.
Tags: Newark Advocate · Ohio · employees · industry · media coverage · positive media coverage · regulation · states
Pro-payday lending column in Ohio’s Newark Advocate
May 8th, 2008 · No Comments
Mike Sussman appreciates the fact the payday loans are completely undertstandable as opposed the his incomprehensible credit card statement. His column in the Newark Advocate concludes with this:
I have spent most of my life in the lending and lending subsidiary business. It has been my experience that banks will make ridiculous loans to questionable business […]
Tags: Newark Advocate · Ohio · industry · media coverage · positive media coverage · regulation · states
Small payday lender explains impact of Ohio legislation on her customers
May 3rd, 2008 · No Comments
Melissa Lutz, owner of Fast Check Cash Advance in Newark, Ohio, is worried about her customers if the Ohio House legislation becomes law:
We have a lot of customers that are going to have nowhere to go to get short-term loans,” she said. “If our legislature will look at other states that have (capped lending rates) […]
Tags: Newark Advocate · Ohio · industry · media coverage · positive media coverage · regulation · states