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	<title>Payday Pundit &#187; Ted Saunders checksmart</title>
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	<description>News and Information About The Payday Lending Industry</description>
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		<title>Dose of reality from Checksmart CEO</title>
		<link>http://paydaypundit.org/2008/11/17/dose-of-reality-from-checksmart-ceo/</link>
		<comments>http://paydaypundit.org/2008/11/17/dose-of-reality-from-checksmart-ceo/#comments</comments>
		<pubDate>Mon, 17 Nov 2008 12:24:46 +0000</pubDate>
		<dc:creator>Payday Pundit</dc:creator>
				<category><![CDATA[COHHIO]]></category>
		<category><![CDATA[Newark Advocate]]></category>
		<category><![CDATA[Ohio]]></category>
		<category><![CDATA[employees]]></category>
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		<category><![CDATA[Ted Saunders checksmart]]></category>

		<guid isPermaLink="false">http://paydaypundit.org/?p=1946</guid>
		<description><![CDATA[Checksmart is a national payday lending company headquarted in Oho.  CEO Ted Saunders made some frank comments to the Newark (Ohio) Advocate:
&#8220;Nobody is going to do business under what HB 545 created,&#8221; Saunders said. &#8220;I have 700 employees in the state, and I&#8217;d like to make a go of it. We have a window of [...]]]></description>
			<content:encoded><![CDATA[<p>Checksmart is a national payday lending company headquarted in Oho.  CEO Ted Saunders made some frank comments to the <a href="http://www.newarkadvocate.com/article/20081117/NEWS01/811170304/1002" target="_blank">Newark (Ohio) Advocate</a>:</p>
<blockquote><p>&#8220;Nobody is going to do business under what HB 545 created,&#8221; Saunders said. &#8220;I have 700 employees in the state, and I&#8217;d like to make a go of it. We have a window of opportunity to keep the doors open.&#8221;</p>
<p>Saunders said he will evaluate the stores&#8217; viability in a couple of months or sooner. The alternatives never will make things as lucrative for the business but might be enough for them to survive, he said.</p>
<p>Checksmart also has stores outside Ohio, which gives it an opportunity for survival that others do not have.</p></blockquote>
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