Cleveland’s WTAM Bob Franz on payday lending
May 2, 2008 | Ohio, WTAM, industry, media coverage, positive media coverage, regulation, states | Comments (0)Hour 2 features a lively intervew with Ohio’s Speaker of the House John Husted, a republican in support of banning payday lending. Bob Franz has done his research, understands the industry and the product and does a great job asking the tough questions. Husted admits that the 28% APR cap will close the industry down. Quoting Franz, “With republicans like that, who needs democrats?”
Hour 3 includes more commentary on the payday lending debate with Jamie Frauenberg, president of the Ohio payday lending trade association.
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