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“Surprising” news in Wichita

November 18, 2008 | Kansas, Wichita Eagle, industry | Comments (1)

Here’s a line from a roundup column in the Wichita Eagle

Would you really be surprised if the city tore down the Wichita Boathouse and replaced it with a payday loan store?

The Payday Pundit is fairly hard to rattle so NO, we would not be surprised.   Frankly, we didn’t even know Wichita was near water. 

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Comments»

1. T_Banker - November 18, 2008

Well, there’s certainly a demand for PDLs in Wichita. Not surprisingly, the credit union mentioned in the links below found out the hard way that PDLs have risk and there’s a reason they’re priced where they are. Great blog! Read it everyday.

http://www.cuna.org/newsnow/printer_version.php?story_id=30166

http://wichita.bizjournals.com/wichita/stories/2007/02/05/daily26.html

http://www2.ljworld.com/news/2007/feb/18/insolvent_credit_union_be_dissolved/?state_regional