Payday Pundit

News and Information About The Payday Lending Industry

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Business First of Columbus: Senate passes payday lending bill

May 14th, 2008 · No Comments

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.”

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Tags: Columbus Business First · Ohio · industry · media coverage · regulation · states

WOSU-PBS Columbus, OH - Listeners respond

May 13th, 2008 · No Comments

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:  

 

 

 ”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 […]

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Tags: Ohio · WOSU · customers · industry · media coverage · regulation · states

WOIO-CBS Cleveland-Akron-Canton paints a realistic picture of payday lending

May 9th, 2008 · No Comments

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 […]

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Tags: Ohio · WOIO · customers · employees · industry · media coverage · positive media coverage · regulation · states

NBC station asks, Do you support lawmakers’ efforts to restrict interest rates on payday lending?

May 8th, 2008 · 1 Comment

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.

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Tags: Ohio · industry · media coverage · positive media coverage · regulation · states

More payday lending employees fighting for their jobs

May 6th, 2008 · No Comments

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Tags: Ohio · employees · industry · regulation · states

And another shot of payday lending employees

May 6th, 2008 · No Comments

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Tags: Ohio · employees · industry · regulation · states

More from Ohio payday lending rally

May 6th, 2008 · 1 Comment

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Tags: Ohio · employees · industry · regulation · states

First picture from Ohio rally

May 6th, 2008 · 1 Comment

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Tags: Ohio · employees · industry · regulation · states

Reminder: Ohio statehouse rally on Tuesday!

May 5th, 2008 · No Comments

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

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Tags: Ohio · industry · regulation · states

Ohio Statehouse Rally Set For Tuesday!

May 2nd, 2008 · 3 Comments

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 […]

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Tags: Ohio · industry · positive media coverage · regulation · states