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There are 4,678 banks in Ohio

March 20, 2008 | Dayton Daily News, Ohio, industry, media coverage, research, states | Comments (0)

A new study that says there are 1,638 payday lending stores in Ohio seems to be a very big story in the state. The above statistic, left out of every single story, is from this FDIC website that the Payday Pundit found in eight seconds.  You would have thought that at least one reporter would have found this to be an interesting comparison.  The industry has a good man in Ohio disputing this type of nonsense.  His quote is priceless:

“Daryl Dever, lobbyist for the Ohio Financial Services Association, dismissed the study as “more garbage, more junk.” He said it was natural that the industry has grown since it started in 1995 with no stores.

Dever dismissed the testers’ findings, calling them “third-party stuff. You can say anything you want to say.”

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