Innovating in Ohio
January 11, 2009 | Ohio, Sandusky Register, alternatives, industry, media coverage | Comments (0)Good story on how payday lenders are trying to survive:
Marcella Olsen, manager of the Cashland on Perkins Avenue, said gold sales have been popular since the store started them just before the election.
“People come in daily,” she said Friday evening. “We had five people come today.”
The response was so great that the company created a separate Web site, www.cashamericagold.com, to process orders by mail. Though Cash America maintains its own jewelry center, it ships gold to a separate refinery and receives a percentage of the proceeds.
Payday loans a “Godsend”
April 7, 2008 | Ohio, Sandusky Register, alternatives, customers, industry, media coverage, positive media coverage, states | Comments (0)In the comments section below a pro-payday loan piece in the Sandusky Register (requires a subscription to read full article) one reader had this to say:
Scott wrote on Apr 6, 2008 11:48 PM:
” I know firsthand what a Godsend these places can be in an emergency. Yes, I had to pay a fee but I knew exactly how much it was before I signed anything. They don’t try to hide anything. Because some people are irresponsible in what they borrow, we should shut them all down? Ok, let’s shut down every place that sells alcohol (you know some people just drink way too much)no more lottery tickets (with those odds? people are wasting their hard earned money))no more bingo for Grandma(she spends way too much on those instants)and let’s not forget all the restaurants & grocery stores (the food addicts need our help!)C’mon people! We can’t let adults be responsible for their own actions. It would be chaos! “
