Internet's first get-out-of-debt community - 122,000 members

Posted: Fri Jun 06, 2008 4:54 am Subject: Ohio PayDay Loan News

So, I could be mistaken here....but last night when I was falling asleep, I had the news on. I could've swore I heard...We thought the payday loans would be going away...however, now it may be up to the voters. I was in and out of sleep...so I am not for sure. I tried to research it this morning, but didn't find anything. Has anyone heard anything?

Posted: Fri Jun 06, 2008 5:31 am Subject:

WOW I didn't hear that. Well I am out of the trap but I feel really bad for the people in the trap. Even if they stick around I still say the fees are too high and the industry needs strick regulations

Posted: Fri Jun 06, 2008 7:08 am Subject:

I read something yesterday that the ( the pady loan association place, I can't remember what its called)..(CSFA??), but anyway they are trying to gather signatures to put it on the ticket in NOV. Trying to says it's unconsitutional. Its still law right now, I think they are just trying to raise another stink...

Posted: Fri Jun 06, 2008 7:12 am Subject:

Ah well, I didn't think they would go down without a fight, I'm pretty sure this is a subject that will be at the forefront of the news for quite some time to come. Wink

Posted: Fri Jun 06, 2008 7:13 am Subject:

makes sense...i thought it might be something like that. unconstitutional??? LOL. oh well...if it goes on ballot, i am sure it will pass...there are just so many payday loan companies here in toledo...they have to stay in business somehow and i can just see people showing up to vote to keep them around....ughhhhh.