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Sub: #1 Check n Go to ignore DCs new laws
Replied on 01-04-2008, 12:24 PM
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Sub: #2
Replied on 01-04-2008, 12:26 PM
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I love that last line:



Yeah, really clever. There is no way they are going to get away with it. It's just like Advance America's "Line of Credit" in Pennsylvania. Good going Check n Go!

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Sub: #3
Replied on 01-04-2008, 12:34 PM
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I got a kick out of that last line as well. Guess they are feeling pretty brave about now. Karma...they'll get there's in the end.



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Sub: #4
Replied on 01-04-2008, 12:36 PM
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Considering all the publicity around Check n Go during the election, involving an ex employee coming forward with all sorts of nasty things Check n Go allegedly did, I'm surprised Check n Go would so blatantly try to get around DC's laws.

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Sub: #5
Replied on 01-04-2008, 12:43 PM
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I guess I haven't followed the elections that close. I didn't know anything had come out about check n go. Is the payday loan problem being address by any of the candidates republican or democrat?



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Sub: #6
Replied on 01-04-2008, 12:45 PM
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The laws for DC have already passed and gone into effect. It restricted the interest rate to 24% . . . . . Making it unprofitable to do payday loans. It was just for DC, not a national election.

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Sub: #7
Replied on 01-04-2008, 12:49 PM
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I see. thanks for clarifying!

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Sub: #8
Replied on 01-04-2008, 02:24 PM
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you are pdl's illegal in dc?



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Sub: #9
Replied on 01-04-2008, 02:30 PM
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They are not illegal, but since the new law went into effect the interest rate is capped at 24%.

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