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Ohio PD loans out of buisness!!!!!

Date: Wed, 04/30/2008 - 23:20

Submitted by anonymous
on Wed, 04/30/2008 - 23:20

Posts: 202330 Credits: [Donate]

Total Replies: 14


Seems PD loans in the state of Ohio will soon be a thing of the past. Don't know the details but some sort of legislation passed today thats gonna put a serious hurting on the these predators!! It's not going to outlaw them, but one payday loan shop owner was on TV tonight and said it will put all show out of business. He said the restrictions are soooo tight, no way any PD loan shops could survive. anyone got anymore info on this!!


I checked out the Akron Beacon newspaper site, and there were articles about the PDL's. One woman said she was caught in the trap, and I posted that THIS was the site to help her out. Perhaps if people who post here go to the various newspaper/tv/radio sites in Ohio and other places where PDL stories are posted and mention this site and what people can do, it might help? There's not a lot of online sites to help people get out of PDL's, people need to be made aware that there IS hope.


lrhall41

Submitted by on Thu, 05/01/2008 - 06:11

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Pachacutec
I checked out the Akron Beacon newspaper site, and there were articles about the PDL's. One woman said she was caught in the trap, and I posted that THIS was the site to help her out. Perhaps if people who post here go to the various newspaper/tv/radio sites in Ohio and other places where PDL stories are posted and mention this site and what people can do, it might help? There's not a lot of online sites to help people get out of PDL's, people need to be made aware that there IS hope.

Excellent idea, thanks!


lrhall41

Submitted by Shazzers on Thu, 05/01/2008 - 08:08

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In checking out this forum , I found nothing new, and certainly nothing to help anybody get out of their cycle of debt. Just the came old info, what a waste of time.


lrhall41

Submitted by kv on Thu, 05/01/2008 - 09:39

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A small word of warning; if you go to any of the news sites to post comments on PDL's, there will be a number of posts along the lines of "how could people be so stupid to get involved with those things," or "you knew what the interest rates were when you signed up," and so on. Don't let 'em get you down; we're all human, no one knows what life holds in store for us, so let's try to help people stay away from the PDl's!


lrhall41

Submitted by on Thu, 05/01/2008 - 10:02

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Sorry..one last thing. I saw where Checksmart is closing I think May 7 because the PDL places are holding a rally downtown Columbus to fight the new law that is trying to be passed.

Really? I haven't heard that yet, I'm surprised Checksmart is giving up so easily, unless there's another reason for it. Hmmmmmmmmmmm.


lrhall41

Submitted by Shazzers on Sat, 05/03/2008 - 14:47

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