Tag Archive | "Newark"

Small payday lender explains impact of Ohio legislation on her customers


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) … the people in that state are worse afterwards than they are before.”

The article also has comments from Ms. Lutz’s employee who is worried about her job and health benefits.  Are Ohio state senators listening?

 

Posted in industry, media coverage, Newark Advocate, Ohio, positive media coverage, regulation, statesComments (0)


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