Payday lenders likely doomed

Payday lenders likely doomed

There are 32 comments on the DispatchPolitics story from May 15, 2008, titled Payday lenders likely doomed. In it, DispatchPolitics reports that:

If Ohio's 1,600 payday-lending stores want to continue operating past this fall, it appears they will have to find something else to offer besides payday loans.

Join the discussion below, or Read more at DispatchPolitics.

First Prev
of 2
Next Last
Dough Ball

Chattanooga, TN

#1 May 24, 2011
All I can say is, thanks to Senator Bob Corker, in exchange for a few measly campaign contributions from W. Allan Jones and Check Into Cash, fails to protect his constituents and do the right thing. Why sell yourself so cheaply to W. Allan Jones and Check Into Cash, Senator Bob Corker?
Manorexic Coronis

Chattanooga, TN

#3 May 24, 2011
These greedy scumbags need to be put out of business. I live in Cleveland, unfortunately, and I have seen Check Into Cash owner W. Allan Jones waddling around town. He is a real arrogant and disheveled jerk. Yuck.

Check out this strange little document he wrote trying to claim he makes no money:

https://sites.google.com/site/wallanjonessuck...
bOb

Blacklick, OH

#4 May 24, 2011
It's about time! In the words of Dave Ramsey, "debt is dumb, cash is king - the borrower is slave to the lender". Be gone pay day lenders!
Clueless Redhead

Chattanooga, TN

#5 May 24, 2011
bOb wrote:
It's about time! In the words of Dave Ramsey, "debt is dumb, cash is king - the borrower is slave to the lender". Be gone pay day lenders!
I totally agree. Check out the article below, all about how W. Allan Jones and Check Into Cash treat their employees and their customers:

http://www.ripoffreport.com/bigots/w-allan-jo...
the hilt

Nashport, OH

#7 May 24, 2011
free market the republican way
Bob

United States

#8 May 24, 2011
The loan sharks will endorse this, underground payday loans will always be around. Their collectors are not as nice as the ones that work for payday loans companies.

Since: May 11

Location hidden

#9 May 24, 2011
Best way to get rid of these guys is not through the heavy hand of government, but rather by just not using their services.
Last I checked, no one was being forced into one of these quick-cash places at gun point.2737
ICU

United States

#10 May 25, 2011
I send my renters there when they can't pay the rent. Seems to work out quite well. I get my rent and the lenders deal with loaning money.
Oh well, I guess I will just have to evict the deadbeats
Doughball

Chattanooga, TN

#11 May 30, 2011
libertarian4321 wrote:
Best way to get rid of these guys is not through the heavy hand of government, but rather by just not using their services.
Last I checked, no one was being forced into one of these quick-cash places at gun point.2737
Point well-made. However, the truth is some of these payday lending customers (not the brightest group, I agree) don't realize the trap they are setting for themselves when they get involved.

And with higher-ups like Senator Bob Corker in their corner and loans from Bank of America and Wachovia, it makes it easy for companies like Check Into Cash and W. Allan Jones to prey on their ignorance.
Doughball

Chattanooga, TN

#12 May 30, 2011
Bob wrote:
The loan sharks will endorse this, underground payday loans will always be around. Their collectors are not as nice as the ones that work for payday loans companies.
Yep. You are probably right. But check into this document where W. Allan Jones of Check Into Cash whines that he makes "less than minimum wage." I wish I had his problems:

https://sites.google.com/site/allanjonessenat...
Bob

Kennesaw, GA

#13 May 31, 2011
Doughball wrote:
<quoted text>
Yep. You are probably right. But check into this document where W. Allan Jones of Check Into Cash whines that he makes "less than minimum wage." I wish I had his problems:
https://sites.google.com/site/allanjonessenat...
One has nothing to do with the other.
Police State

United States

#14 May 31, 2011
So when are they going to stop the charge-card companies from charging 29.9% and above?
Doughball

Fullerton, CA

#15 Jun 9, 2011
Bob wrote:
<quoted text>
One has nothing to do with the other.
Maybe not to you, but it makes for hilarious and interesting reading IMO.
Bob Corker for Hire

Fullerton, CA

#16 Jun 9, 2011
Totally agree with police state. 29.9 percent interest is just plain wrong. Big banking actually provides the funding for these payday lenders. Bank of America and Wachovia actually fund Check Into Cash, W. Allan Jones, and Jones Management. They lend the money to Check Into Cash, and Check Into Cash turns the money into a usurious payday loan. Wachovia and Bank of America "laugh all the way to the bank."

NONE of these glorious events would be possible without the loyal, paid assistance of Senator Bob Corker, who sells his constituents out cheaply for contributions from big banking and W. Allan Jones, Check Into Cash, and Jones Management.

Thanks, Senator Bob Corker. Please resign.
Smart and Healthy

United States

#17 Jun 9, 2011
ICU wrote:
I send my renters there when they can't pay the rent. Seems to work out quite well. I get my rent and the lenders deal with loaning money.
Oh well, I guess I will just have to evict the deadbeats
Just tell them to give up their beer and cigarettes and they will have enough to pay you.

If they don't like it, tell them that they can build a house out of their empty beer cases and cigarette cartons and live in it next month.
old news

Howard, OH

#18 Jun 9, 2011
Smart and Healthy wrote:
<quoted text>
Just tell them to give up their beer and cigarettes and they will have enough to pay you.
If they don't like it, tell them that they can build a house out of their empty beer cases and cigarette cartons and live in it next month.
typical loser troll

Since: Jun 11

Las Vegas, NV

#19 Jun 13, 2011
Meh. I just think that the current payday lenders (W. Allan Jones and Check Into Cash, anyone) are running around unchecked and unregulated. Senator Bob Corker enables this outrageous and usurious activity by lobbying for W. Allan Jones and Check Into Cash in exchange for campaign contributions.

Politics as usual, I guess.
Bring Back Segregation

Romania

#20 Jun 13, 2011
It is CHEAPER than the SCAMS PULLED BY BANKS TO GENERATE MAXIMUM OVERDRAFT FEES

if you MORONS don't like payday loan places DON'T USE THEM!!

it's NONE OF YOUR DAMN BUSINESS if some people do use them BY CHOICE
ICU

United States

#21 Jun 13, 2011
Smart and Healthy wrote:
<quoted text>
Just tell them to give up their beer and cigarettes and they will have enough to pay you.
If they don't like it, tell them that they can build a house out of their empty beer cases and cigarette cartons and live in it next month.
Excellent idea. I see those losers selling stuff they buy with food stamps for cash to buy smokes and beer. Typical trash
LOL

Bradenton, FL

#22 Jun 13, 2011
bOb wrote:
It's about time! In the words of Dave Ramsey, "debt is dumb, cash is king - the borrower is slave to the lender". Be gone pay day lenders!
Hey !!!!!

don't come down so hard on China.....

it's not like they force america to take their loans...

america needs the loans to make it until taxpayers money comes in.....

OPPS....that's not what you're talking about is it.......

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 2
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Ted Strickland Discussions

Title Updated Last By Comments
News In tough reelection fight, Ohio Sen. Rob Portma... May 31 St Rick Saintpornum 5
News Chamber of Commerce launches ads against Dems May '16 Go Blue Forever 24
News Outside groups dump money into Ohio against Don... May '16 Sheri 1
News John Kasich unloads on Donald Trump and Ted Cru... Apr '16 serfs up 8
News Democrats dispute Kasich's Ohio success story Apr '16 HillaryWorse 8
News Kasich far stronger than Trump against Clinton,... Mar '16 Whoop day it isth 85
News Partisan fight over court complicates tight Ohi... Feb '16 Reality Speaks 5
More from around the web