Payday Pundit

NPR covers the issue of Ohio voters being confused on whether a YES or NO gets the appropriate results they want.    
A vote YES sustains the rate cap.  A vote NO overturns the rate cap.  It’s that simple.

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And a payday lender is there helping neighbors out.  This NPR story is worth a read and listen. 

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Here and Now: AZ Ballot Propositions - KJZZ 91.5 FM
Source: kjzz.org

KJZZ’s Here and Now examined the eight ballot propositions on the November 4th ballot. The show includes discussions with proponents and opponents of props 105, 202, 200 and 201. The Arizona Republic’s Bob Robb provided analysis on the others. Listen here.

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Click on this link and then the audio link to listen to a 12-minute debate NPR had yesterday about payday loans and minority communities.  Niger Innis of the Congress on Racial Equality defended the industry and empasized the need for consumer choice.   I think any objective listener will agree that he won the debate hands down.   

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Phillip Tutor, the Commentary Editor of the Anniston Star, was on Birmingham, Alabama’s NPR station today talking about the Star’s recent series on payday loans.  You can listen here.
Notice at the end of the interview Tutor calls for still more regulation of payday lenders in Alabama.  He wants the state to find a “middle ground” […]

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With  songs such as “Freedom” and “Save our Jobs” chants in the background, reporter Bill Cohen reports on the “massive rally” earlier this week with the “folks who own and work at the stores who came from across Ohio.”
With soundbites from D. Lynn DeVault (CFSA president), Jamie Frauenberg (Checksmart Sr VP), Karen Findlay (Advance America […]

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A job well done to KCFR Colorado Public Radio host Ryan Warner on his segment today, “Lawmakers take close look at payday loans.”  Warner interviewed State Rep. Mark Ferrandino, sponsor of a bill that would force payday lenders to close in Colorado, and Ron Rockvan, a Colorado payday lender. 
Mr. Warner actually took the time to […]

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Kudos to North Carolina Public Radio journalist Janet Babin for this accurate, in-depth report on the payday lending industry in this piece from National Public Radio’s Marketplace program. The piece discusses new research that says payday loans can actually benefit consumers and that consumers in states without payday lending are driven to bounce checks or turn to other less desirable options. […]

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