The article quotes CFSA president D. Lynn DeVault, “Operating under H.B. 545 is not economically feasible. Our member companies say they expect stores to close and jobs to be lost.”
Tag Archive | "Columbus"
Business First of Columbus: Senate passes payday lending bill
Posted on 14 May 2008.
Posted in Columbus Business First, Industry, Media Coverage, Ohio, Regulation, StatesComments (0)
WOSU-PBS Columbus, OH – Listeners respond
Posted on 13 May 2008.
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Ohio’s public radio station reports that, following their coverage of last week’s rally in Colulmbus, they received the followed email from a listener:
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”YOU ALL SOUNDED LIKE ELITIST PIGS. I AM A 51-YEAR-OLD FULLTIME WORKER, BUT I HAVE NEEDED TO USE PAYDAY LENDERS FROM TIME TO TIME. THEY ARE MUCH BETTER THAN USING CREDIT CARDS IF YOU GET IN A PINCH. COME DOWN FROM YOUR RICH, LOFTY POSITIONS AND TRY LOOKING AT THINGS FROM THE PERSPECTIVE FROM AN AVERAGE WORKING PERSON.” |
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Posted in Customers, Industry, Media Coverage, Ohio, Regulation, States, WOSUComments (0)
WOIO-CBS Cleveland-Akron-Canton paints a realistic picture of payday lending
Posted on 09 May 2008.
The story by Brian Duffy of 19 Action News, includes an interview with a Check n Go employee and an appreciative customer. The visuals include close ups of the large poster-size displays of fees that are found in all CFSA member-company stores as well as images of the 3,000 employees that rallied for their jobs in Columbus on Tuesday. Job well done by WOIO.
Posted in Customers, Employees, Industry, Media Coverage, Ohio, Positive Media Coverage, Regulation, States, WOIOComments (0)
NBC station asks, Do you support lawmakers’ efforts to restrict interest rates on payday lending?
Posted on 08 May 2008.
When asked if the Columbus, Ohio station’s viewers support the efforts, a total of 1,095 people voted.
Of those, 49% (546) voted “no” to restrict interest rates; 48% (530) voted “yes” to restrict; and 1% (19) were undecided.
Posted in Industry, Media Coverage, Ohio, Positive Media Coverage, Regulation, StatesComments (1)
More payday lending employees fighting for their jobs
Posted on 06 May 2008.
Posted in Employees, Industry, Ohio, Regulation, StatesComments (0)
And another shot of payday lending employees
Posted on 06 May 2008.
Posted in Employees, Industry, Ohio, Regulation, StatesComments (0)
More from Ohio payday lending rally
Posted on 06 May 2008.
Posted in Employees, Industry, Ohio, Regulation, StatesComments (1)
First picture from Ohio rally
Posted on 06 May 2008.
Posted in Employees, Industry, Ohio, Regulation, StatesComments (1)
Reminder: Ohio statehouse rally on Tuesday!
Posted on 05 May 2008.
Here are the details:
WHAT: Rally and press conference to discuss impact of House-passed legislation on Ohio’s leading payday lending companies.
WHO: Payday lending employees and customers, other supporters of the industry
WHERE: North Steps, State Capitol Building, Columbus, OH
WHEN: Tuesday, May 6th, 11am
Posted in Industry, Ohio, Regulation, StatesComments (0)
Ohio Statehouse Rally Set For Tuesday!
Posted on 02 May 2008.
Media advisory:
STATEHOUSE RALLY TO SAVE PAYDAY LENDING JOBS
Leaders of Ohio’s payday loan industry, along with hundreds of employees and customers, will hold a rally on Tuesday, May 6 at the state capitol.
They will call on Senators to reject House legislation which caps the annual interest rates on payday loans at 28% — eliminating the industry in More than 6,000 jobs are at stake.
Industry representatives and its supporters will explain the impact of House-passed legislation on workers, the economy and on working families in Ohio.
WHAT: Rally and press conference to discuss impact of House-passed legislation on Ohio’s leading payday lending companies.
WHO: Payday lending employees and customers, other supporters of the industry
WHERE: North Steps, State Capitol Building, Columbus, OH
WHEN: Tuesday, May 6th, 11am
Posted in Industry, Ohio, Positive Media Coverage, Regulation, StatesComments (3)
- Thanks Hinkle. Overregulation of payday loans does hurts consumers.
- Payday lenders with honest debt collection practices
- What it means to comply with payday lending laws
- Responsible Use of Short-Term Credit: OK customers talk about how they use payday loans
- Treasury to reward $25k to mobile financial app designers
- Tribal partnerships the practice of SOME lenders, not CFSA members
- Consumers will move with their feet to financial options that work for them
- FDIC survey finds increase in unbanked and underbanked households
- The more options the better!
- CFSA: We’re “payday” and we’re proud of it
Alternatives Arizona Arkansas ban bank fees bans Best Practices (Within the Industry) bounced check fees Center for Consumer Freedom Center for Responsible Lending Cleveland Plain Dealer Colorado Columbus Columbus Dispatch consumer choice credit cards Customers D. Lynn DeVault Employees FDIC financial choice HB 545 Herb Sandler Issue 5 job loss Local Issues Missouri New Hampshire North Carolina Ohio Oregon overdraft protection payday loan alternatives rally rate cap rate caps Research South Carolina South Carolina payday lending state regulation The State Virginia WalletPop Wall Street Journal washington state payday lending
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