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 Posted: Wed May 21, 2008 5:40 am Subject: its official in OHIO
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From the Columbus Dispatch:
House passes payday-lending bill 70-24
Strickland expected to sign it next week; panel backs English as official language
Wednesday, May 21, 2008 3:06 AM
By Jim Siegel
DispatchPolitics.com
All that stands between Ohio's 1,600 payday lenders and the end of their current existence is the signature of Gov. Ted Strickland.
The pen should hit the paper on House Bill 545 next week, a Strickland spokesman said. The law would take effect 90 days later.
THANK GOODNESS>>>>>
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lmale
Joined: 28 Mar 2008
Posts: 432
Debtcc Points: 3389
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Posted: Wed May 21, 2008 5:42 am Subject:
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Great news for Ohio. Thanks for the post.
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kashzan
Debt Samaritan
Joined: 11 Jul 2007
Posts: 5463
Debtcc Points: 38905
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Shazzers
Moderator
Joined: 05 Dec 2007
Posts: 3787
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Posted: Wed May 21, 2008 6:02 am Subject:
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Good to hear; I'll check out a couple of the Ohio news sites and their message forums; should be 'interesting,' to say the least! Well done, Ohio!
_________________
Register today to encash debtcc points.
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Pachacutec
Guest
Debtcc Points: 100
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Posted: Wed May 21, 2008 6:09 am Subject:
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I like this I saw it on a news channel:
"Lawmakers say if the industry can't deal with the limits, too bad. House Speaker Jon Husted says payday loans have contributed to debt problems that have sent shockwaves through the economy."
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lmale
Joined: 28 Mar 2008
Posts: 432
Debtcc Points: 3389
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Posted: Wed May 21, 2008 6:53 am Subject:
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This is really good news. I know I called the Dept of Commerce myself about these places so I am sure lawmakers knew the problems these places were causing.
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slw531
Joined: 16 Nov 2006
Posts: 54
Debtcc Points: 1383
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Posted: Wed May 21, 2008 6:57 am Subject: reply
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the queen song said it:
and another one bites the dust,and another one gone,another one gone,another one bites the dust.
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paulmergel
Debt Samaritan
Joined: 24 Jun 2007
Posts: 2364
Debtcc Points: 8421
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Posted: Wed May 21, 2008 2:04 pm Subject: where to go now
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I see all this cheering for the pdl's going under.where do i go to borrow money now.If my credit was good enough i wouldn't borrow from these guys anyway.
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spudro61
Joined: 21 May 2008
Posts: 1
Debtcc Points: 8
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Posted: Wed May 21, 2008 4:03 pm Subject:
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spud. . sorry to hear about your dilemma but I have no sympathy for the PDL industry. If they played fair, they wouldn't be in this posiiton and they could be providing a much needed service without "raping" the good, hard working people of this country.
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llw1995
Joined: 02 Feb 2008
Posts: 1414
Debtcc Points: 13632
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mobile0311
Joined: 05 May 2008
Posts: 1040
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