Accused doctor in court
.jpg)
People's Choice Awards
.jpg)
People's Choice: Red Carpet
Get latest headlines via RSS feeds
Del.icio.us
Digg
Facebook
Furl
Google
Reddit
Stumbleupon
Y! MyWebPayday users look for options
Ohioans vote to limit interest rates charged by payday lenders.
How will these new restrictions affect you?
Thursday, November 06, 2008
Danny Miller is $200 short on the rent for his home in Franklin, and it may be the last time he'll be able to get a loan to get him through.
"I hate that I have to use payday loans but it helps me when I need a little extra," he said.
The 45-year-old electrician said he's used the loans about seven times this year because his schedule was cut down to about 45 hours a week. He needs every hour he can get to dig him out of bankruptcy, pay child support for his two young daughters and cover their health insurance, which has gone up over 57 percent in the last year, he said.
So Miller said today, Nov. 6, he will go to a payday lending center for the missing rent money and pay the loan back in two weeks when his paycheck comes in. But next time, since voters passed Issue 5, which limits the amount and value borrowers can get from such establishments, he said he's not sure what he'll do.
"I might have to get a part-time job, but I don't have a car and use the bus (so) that kind of limits things," he said.
And his credit?
"Not so good right now," Miller said, so a credit card or traditional bank loan will be out of the question in these tough financial times where no one is lending.
Bill Faith, executive director of the Coalition on Homelessness and Housing which was in favor of Issue 5, said the passage of payday lending caps will protect residents from being prey to a corrupt financial scheme.
"Ohio voters stripped payday lenders of their permit to fleece working people," Faith said.
But to Miller, that is hardly the case.
"I can make decisions for myself. It takes away options. It should be a person's right to choose whether they need payday loans or not," he said.
Issue 5, which 69 percent of Ohio voters approved, effectively cut the annual percentage rate payday lenders can charge from 391 percent to 28 percent and limits the number of loans customers can take out to four per year.
For at least eight months of the year, Miller said he's going to have to find new ways to make rent.
"For a lot of people, it's just going to make things more difficult when they are already difficult enough," he said.
Comments
By k
November 7, 2008 7:07 PM | Link to this
Why is Jodi`s friend answering for her, if their is a friend? Maybe one in the same? Regardless there is no excuse for being so judgemental. One of these days you too will be in a situation where you need help,good luck findng any.
By cathy
November 7, 2008 5:33 PM | Link to this
Jodi and her friend are lame. Did I spell that correctly? I’m not sure, maybe Jodi and her friend can check on and get back to me.
By linda
November 7, 2008 5:08 PM | Link to this
OH MY GOD I LEFT OUT AN E IN PUT IN AN A AND NOT AN O..THE WORLD IS COMING TO AN END. You and Jodi are the real dumb ones with no grip on reality. I can admitt to my flaws the two of you can learn from that. By the way, I don’t need a GED, I did graduate college, with honors I might add, even though my spelling can be flawed. Damn how did that happen.
By I<3Jodi!
November 7, 2008 3:02 PM | Link to this
Well…at least Jodi and I know how to properly spell. A-W-E-S-O-M-E & M-O-R-O-N. Moron. Get a GED.
By ann
November 7, 2008 1:49 PM | Link to this
Jodi is only “Awsome” to other moran just like her.
By I<3Jodi!
November 7, 2008 1:05 PM | Link to this
Jodi is AWESOME! I, too voted YES! AND I have used PayDay loans this year. Recently! What happened? I got caught in a vicious cycle of having to borrow again before the other checks cleared in order to pay off the first loan. Something ALWAYS seemed to come up. I’m GLAD that I will NEVER get stuck in this vicious cycle again. And for those of you vulnerable enough to think that Jodi is actually sitting at her desk at 5/3 bank, get REAL!!! I gotta get back to WORK now!
By Missing payday lending
November 7, 2008 12:38 PM | Link to this
Looking over all of these comments it looks like the overwhelming # of people that use these loans will miss them.
I know a lot of people that use them. They range from university professors to elementary school teachers. Lot’s of times they are used in emergencies to visit a sick or deceased relative or to fix a broken part on their car.
People that use these loans are not dumb or poor. No one likes to pay high interest rates but sometimes its nice to have this option. (Oops was nice.)
By linda
November 7, 2008 9:30 AM | Link to this
People also misuse credit cards, are we going to limit the number of times a year someone can use thier credit card because a small percentage of people misuse them. Give me a break, you can’t be responsible for everyone, one day these people will just have to grow up and be the adults that they and learn to make thier own choices.
By linda
November 7, 2008 9:28 AM | Link to this
Rikki, toby and others opposed to payday loans. It isn’t that they are good or bad or even missused, anything can be bad and misused. It is all about the freedom of choice. I have used payday loans a time or two, was not what I wanted to do but under the circumstances of the time I needed the money and it was nice to have the choice. Some people misuse food and alcohol how about putting a band on those things next.
By linda
November 7, 2008 9:20 AM | Link to this
mack, I know this will disapoint you, but I have a job and I am a very happy person. Jodi in you are the sad ones on the list, having to make others look low and sad to make you look good. Maybe you Jodi should get together.
this is me :) :) :) :), happy to have a job, happy it is friday and happy I am not mack and jodi. happy happy happy…..
By k
November 7, 2008 8:53 AM | Link to this
Has anyone noticed that Jodi has not made any other comments so far today….Hmmmmmm Maybe she got the hint to mind her own biz. She needs to realize she is barking up the wrong tree..
I think her problem is, she is one of those people that has abused the pay day lenders, and probably owes them money and hopes that they all close and then she wont have to pay them back the money she owes.
By I*MAY*BE*WRONG*BUT!
November 7, 2008 12:32 AM | Link to this
Rather than voting to protect the people of Ohio from the big bad pay day lenders, I suggest the 69% that voted to limit the APR to 28% interest take the following figures into account: 1) JOE BLOW needs $100. JOE receives the $100 and repays the lender $115.00 two weeks later. 2) When the new law becomes effective, JOE would borrow the $100 and return a total of $101.08 to the lender two weeks later. QUESTION: How many of you would invest $100 for a profit of $1.08? If not, U R the PROBLEM!
By I*MAY*BE*WRONG*BUT!
November 7, 2008 12:13 AM | Link to this
I have never used a PAY DAY LOAN company, but the option should be my option, not your option to choose for me!
I don’t need others protecting me from myself. I have the capability of judging for myself what is best for me!
However, you may consider authoring a referendum in the Ohio state legislature to protect me from cell phone users with their phones glued to their ears or those texting while driving without regard to their surroundings or my safety.
By steve
November 6, 2008 11:35 PM | Link to this
Limit this wtf. then lets limit court costs and power of imprisonment if you can not afford to pay a fine or ticket. Let those who ride decide then let those who borrow choose to borrow or not. The banks are obviously behind this issue. The big timers running the little bussiness out of business. I hope there are jobs for the people who work at these places with comparable wages and hours. since issue 6 failed
By dabears
November 6, 2008 9:41 PM | Link to this
texan-a lot of solders cannot go to war because they owe so much to payday lenders.in texas what aint queer is steers.fag
By Texan
November 6, 2008 9:10 PM | Link to this
I live in Dallas Texas & we have these PayDay Loan places EVERYWHERE, even inside pawn shops! A friend of mine got a loan for $500 for medication she needed & couldnt afford. The meds ended up being long term & cost so much she still cant afford them. After paying the loan, she cant buy the meds, shes forced to go back & get yet another loan. I call this “Legal Loan-Sharking”! Great when you need it, but Hell if you get caught up in it! Its a scary process to get involved with!
By dabears
November 6, 2008 8:41 PM | Link to this
shate-do not overdraw.much like barrack i can offer you hicks hope-i went to mhs-i then went to college-silver spoon meant working full time-then moved got a job married kids-saved money cut corners used coupons-no cable no internet,drove a new small car for 18 yrs-still humming along-40plus miles-yet all my idiot mhs alumni stayed in billyville,drive new trucks every few yrs have huge tvs,cable cell phones-and live check to check.i on the other hand live huge-now.save billys-luxeries later.duh
By shate
November 6, 2008 8:30 PM | Link to this
The banks needed to have a monopoly on their overdraft fees.
They like to charge 30-50 dollas for 1 penny overdrawn.
Payday loans were fine.
By dabears
November 6, 2008 6:54 PM | Link to this
guess the natti light kicked in-losers all seem to be asleep
By mack
November 6, 2008 6:31 PM | Link to this
Linda you sound like a very sad person. If you spent the amount of energy on a job then perhaps you wouldn’t need to use the Lending Co’s.
By Keith
November 6, 2008 6:26 PM | Link to this
You want to beat someone down for giving a S&** that people are making poor choices and then having an opinion? Pathetic! Did you see how many people voted YES? Get a clue! Jodi is at least brave enough to tell the truth.
By Carl
November 6, 2008 6:25 PM | Link to this
CLOSE ALL OF THE PAYDAY LENDING HIGH INTEREST RIP OFFS. GET AN HONEST JOB AND STOP STEALING MONEY FROM PEOPLE.
By dabears
November 6, 2008 6:24 PM | Link to this
hard to believe some are so stupid they assume jodi a-told the truth about working at 5/3 and b you instantly assumed it was a branch in middletucky.small minded trash.hope you all go broke scum
By Carl
November 6, 2008 6:23 PM | Link to this
Did you ever give it a thought that your remark about Jodi being at work using the computer. How do you know she was at work while using the computer, maybe she was off and at home. It’s time for pay day lenders to stop ripping off people. Many of these people that get money from there need it right away to buy their drugs and beer, maybe now they can’t get it as easy. You will take out all your money? What a joke, you probably need the pay day lending to live, get a 2nd job for money.
By Toby
November 6, 2008 6:16 PM | Link to this
Why is everyone picking on Jodi? Truth hurt?
If all of you posers are hard working, misunderstood, upstanding citizens then why haven’t you been at work today?
Pay Day Loans are bad!
By Rikki
November 6, 2008 6:03 PM | Link to this
I worked at a pay day loan collections office. And I am sorry if any of you want to start on me now b/c of what i say. but i voted yes also.. I worked there for 4 years. Been through every meeting they had.. And seriously all they do is think of ways to get more money out of you. I would not lie.. I think they are the most ridiculous places ever.. You think they may help you, ok and if you don’t abuse them then go for it. No one can run your life but you.. But I do knw 1 mistake and stuck.
By Tricia
November 6, 2008 5:56 PM | Link to this
For the record Cashland will still be doing payday loans there will be new product coming out at the beginning of next month for those who will still need our help. Yes in fact others will be shutting their doors, but not Cashland we will still be here for those who need us we will not give up for those of you who try and stop us the government nor the financially sound people who don’t understand nice try!
By bobbi
November 6, 2008 5:50 PM | Link to this
ive been reading these remarks by jodi and the people responding to her. let me say first i have used pay day loans and they have saved my life. but this jodi thing does not feel right. i cant believe that someone that works for fifth third or any where would write such things and then be stupid enough to tell where she works.and to say that she is sending post from work. come on guys this jodi has duped you and is laughting at anyone who calls fifth third cause im sure she is not working there.
By linda
November 6, 2008 5:25 PM | Link to this
Correction to post for Jodi “I’s sad for your mother….”
By linda
November 6, 2008 5:24 PM | Link to this
Jodi, you might not “choose to be a victim” but you are very much a victim. You are a victim of ignorance and intollerance which is far worse then someone knowing they need a loan to get them through. If your mother struggled like you say, why not ask her if she would have used a pay day loan. I am sure she would do that over letting you go hungrey. I’m said for your mother having a child like you, or did she teach you to be so judgemental and high and mighty?
By Janine
November 6, 2008 5:12 PM | Link to this
Bottom line is people should have the right to choose things like this in this country and we took that right away. People drink themselves to death, go to Argosy and gamble their money away, go on shopping sprees with credit cards and smoke until they die of cancer and that is all legal.
By linda
November 6, 2008 5:04 PM | Link to this
Angie you are right if you use them correctly, the problem is the people who misuse them will miss use anything. I worry about people not getting themself out of the loans in time and have to resort to possible illegal means of making up for sort falls. I hope that people do not, but when you are desperate you will do anything to keep the heat on or feed your kids.
By Angie
November 6, 2008 4:56 PM | Link to this
I have to say that i have in the past used pay day loans and they got me into a lot of trouble. I felt like once I paid one off i had to borrow again just to make it thyrough that week. If you use them correctly and not like me then they can be ok. But, because of my experience I did vote to limit them.
By linda
November 6, 2008 4:41 PM | Link to this
Tonya, and others closing thier 5/3 accounts, go to Lebanon citizens bank at Kitty hawk plaza, they are a great bank that does not give out the judgemental BS that some on this comment section has given.
By linda
November 6, 2008 4:38 PM | Link to this
Jodi, yes this is a free county no thanks to people like you who can’t mind thier own business. You say you work at 5/3, well that explains a lot, I bit you laugh each time you charge someone for a bounced check. If 5/3 hires idits like you I’m glad I do my banking elsewhere.
By TONYA
November 6, 2008 4:32 PM | Link to this
I AM GOING TO DO ONE BETTER!AFTER JODI’S REMARKS, MY BOYFRIEND AND MYSELF ARE GOING TO FIFTH THIRD BANK IN THE MORNING AND CLOSING OUT OUR ACCOUNTS.I WILL BE HAVING ALL MY FRIENDS AND FAMILY READING THESE COMMENTS AND I AM SURE THEY WILL BE RIGHT BEHIND ME.MUST BE NICE TO SIT ON YOUR BUTT ALL DAY AND POST COMMENTS ON YOUR EMPLOYERS COMPUTER AND ON THEIR PAYROLL ALSO.I AM A STRONG BELIEVER IN KARMA AND WOULD LOVE TO SEE WHEN JODI GETS HERS!THERE ARE SUCH IGNORANT PEOPLE IN THIS SCREWED UP WORLD!
By TONYA
November 6, 2008 4:32 PM | Link to this
I AM GOING TO DO ONE BETTER!AFTER JODI’S REMARKS, MY BOYFRIEND AND MYSELF ARE GOING TO FIFTH THIRD BANK IN THE MORNING AND CLOSING OUT OUR ACCOUNTS.I WILL BE HAVING ALL MY FRIENDS AND FAMILY READING THESE COMMENTS AND I AM SURE THEY WILL BE RIGHT BEHIND ME.MUST BE NICE TO SIT ON YOUR BUTT ALL DAY AND POST COMMENTS ON YOUR EMPLOYERS COMPUTER AND ON THEIR PAYROLL ALSO.I AM A STRONG BELIEVER IN KARMA AND WOULD LOVE TO SEE WHEN JODI GETS HERS!THERE ARE SUCH IGNORANT PEOPLE IN THIS SCREWED UP WORLD!
By ohio sucks
November 6, 2008 4:16 PM | Link to this
Kevin T. Kabat Chairman President & CEO 1-800-972-3030
here is the number to Fifth third
By ohio sucks
November 6, 2008 4:05 PM | Link to this
you can mark me in on calling fifth third and telling the vp that an employee with the name of jodi has spent her whole work time on the computer yelling at us for being mad at what her and her friends and family have done. karma sucks when she rolls around but that what ya get when you play with the wrong people.
By Bill
November 6, 2008 4:04 PM | Link to this
I actually thought that ohioans were going to buy the jobs argument that the pay day lenders put out there, but then I realized that- suprise- people read! 66% voted yes on issue 5- 66%! Lenders got killed amongst every single demographic. Republicans voted yes. Democrats voted yes. Young and Old. It may have been one of the single most uniting initiatives ever in our state. The campaign was based on fear and in the end, poor people are going to have to walk an extra block to find a lender.
By joy
November 6, 2008 3:45 PM | Link to this
you all might be surprised. Most pay day loans places arent doing any more loans but are not telling customers that. So for those who are in that paying back, borrowing back the next day. when you go to pay back your loan, once they have the money in their hands then they will tell you they are no longer doing loans.
By GG
November 6, 2008 3:44 PM | Link to this
That’s great Stephen!!! :) How about we ALL do it?
By stephen
November 6, 2008 3:42 PM | Link to this
well someone should just call Fifth Third and say an employee named Jodi is spending all her time on the computer yelling at people all day.
By Ben
November 6, 2008 3:39 PM | Link to this
Jodi gives ignorance a whole meaning. Just when I thought I’d already met the snootiest person in the world…..Wow.
By GG
November 6, 2008 3:36 PM | Link to this
You’re so right Ticked Off. Let’s hope her millions can keep the economy going since everyone else is going to be struggling and maxing out credit cards to pay their bills. All so Jodi’s friends and family don’t get DRAGGED out of their houses by their arms and legs and FORCED into those darn payday lenders and FORCED to take loans out.
By Jodi
November 6, 2008 3:36 PM | Link to this
My Limo is here to pick me up. Got to go!
Oh by the way, I voted to ban smoking in Ohio too!
Have a great day,
Jodi
P.S. I work at Fifth Third!
By Ticked Off
November 6, 2008 3:33 PM | Link to this
sorry - “constituant” - don’t want to give Jodi reason for correcting my mistake…lol..
But seriously - maybe if we ignore the ignorance, we will have a better day, cause all she did before was p**s me off……but now I laugh at her ignorance…
lol
ps - hey Jodi - Get a real life…
By Ticked Off
November 6, 2008 3:30 PM | Link to this
hhhmmmm - Jodi must be one of those people who voted for the race of the contituant, and not the polices or issues at hand, seeing how she does NOT get what this is all about. This is so funny..to see people who are blinded by their own opinion that they will not even have a reasonable dicussion - its “My way or the Highway” - which it EXACTLY what jodi is saying - pay her no mind, and maybe she will get tired and finally go away….IGNORE her ignorant posts people, and have a better day…
By SL
November 6, 2008 3:22 PM | Link to this
OMG, now she’s telling people to do their homework! Unbelievable. Tonya, read all of her posts and you’ll understand the level of arrogance you are dealing with. I feel for you and you need to go that cash advance before the government takes control of how we spend our money. Best wishes to you.
By ohio sucks
November 6, 2008 3:21 PM | Link to this
Jodi, you have answer to everything! one thing your not perfect and you need to go seek help because your barking up the wrong tree….
By Susan
November 6, 2008 3:19 PM | Link to this
Bottom line, how I live my life and spend my money is up to me. Free country, right Jodi? So, who are you tell me that I can’t go to a payday lender if I want to? I am of age, sound mind, and can make that decision as an adult if I choose to. Someone died and made Jodi God though, so we all get to suffer the consequences for an action from someone who has never even been in our shoes. What is fair about that?
By TONYA
November 6, 2008 3:17 PM | Link to this
WHO EVER SAID THAT THE PAYDAY LOANS PLACES PREY ON US? FROM MY EXPERIENCE, THE PERSON TAKING OUT THE PAYDAY LOAN GOES TO THE PLACES THEMSELVES. I HAVE NEVER HAD ONE OF THESE INSTITUTES COME TO MY DOOR, PREYING ON ME. NOR EVER HEARD OF THEM HITTING ON ANYONE THAT I KNOW. ARE WE TALKING ABOUT THE SAME PLACES, WHERE AN INDIVIDUAL CAN GO AND BORROW “THEIR OWN MONEY” FOR A SMALL FEE?
By Jodi
November 6, 2008 3:16 PM | Link to this
Tonya… If your son does in fact have cancer I hope everything turns out well. There are programs out there to help you if that’s the case. Do your homework online and you will find there are many ways that are better than borrowing money from Pay Day.
By going on welfare
November 6, 2008 3:15 PM | Link to this
Jodi why dont you start passing out loans to help people since you have millions in the bank…. then you just might be the hero…
the way i look at it right now your nothing but a money hungry person that has never hit rock bottom because you have always had everything handed to you.
By GG
November 6, 2008 3:13 PM | Link to this
Yeah, I’m sure we all believe that. Like people have a choice as to whether they fall on hard times. Duh Jodi, if we had a choice I think we would choose to not have to borrow from payday lenders.
By Scott
November 6, 2008 3:11 PM | Link to this
the sarcasm in that comment?
By Jodi
November 6, 2008 3:11 PM | Link to this
I work everyday of my life… except for those much earned vacations days. I wasn’t born with a silver spoon in my mouth. In fact, my mother struggled her entire life to make ends meet. I still find it difficult and live pay check to pay check most of the time. The difference between us is I choose not be a victim.
By Scott
November 6, 2008 3:10 PM | Link to this
Once again, sticking your nose where it doesn’t belong. People like you shouldn’t even be allowed to vote. Were you bright enough to
By Scott
November 6, 2008 3:10 PM | Link to this
Once again, sticking your nose where it doesn’t belong. People like you shouldn’t even be allowed to vote. Were you bright enough
By Scott
November 6, 2008 3:10 PM | Link to this
Once again, sticking your nose where it doesn’t belong. People like you shouldn’t even be allowed to vote. Were you bright enough to catch
By Scott
November 6, 2008 3:10 PM | Link to this
Once again, sticking your nose where it doesn’t belong. People like you shouldn’t even be allowed to vote.
By TONYA
November 6, 2008 3:09 PM | Link to this
HEY JODI, I DON’T GET PAID UNTIL NEXT FRIDAY. MY SON HAS A CHEMO APPOINTMENT TOMORROW AND I NEED $300.00 FOR PAYMENT OR THEY WON’T TREAT HIM BECAUSE I HAVE NO INSURANCE. CAN I BORROW $300.00 INTIL PAYDAY? I WILL GIVE YOU $45.00 FOR INTEREST. OR I CAN WRITE A BAD CHECK, LET IT HIT THE BANK AND BY THE TIME I GET PAID, THE BANK HAS TOOK IT ALL IN OVERDRAFT FEES. YES, I HAVE DIRECT DEPOSIT BECAUSE IT IS MANDATORY NOW THROUGH MY EMPLOYER SO CAN YOU HELP ME OUT? I THOUGHT NOT!!!
By B.
November 6, 2008 3:07 PM | Link to this
Like I said, I AM a responsible payday lender user and have NEVER borrowed more than what I can pay back. So, because I want to go borrow $200 on a Wednesday, but don’t get paid until Friday, so that I can catch a good sale and get started on some Christmas shopping, that makes a loser who is in debt and lives beyond my means???? Is that what you are saying Jodi?
By k
November 6, 2008 3:05 PM | Link to this
Jodi you must make enough money to sit on the computer all day and do nothing but post this crap… Your not a hero, an you sure in the heck are not getting a pat on the back for a good job,so go find something else to do with your time… go get your nails done and hair deyed since you have millions in the bank… Then you can sit and watch your soaps and eat your bon bons while we americans are busting our a*s’s to earn an income….
By jodi
November 6, 2008 3:04 PM | Link to this
Thanks for noticing Scott!
Tell us Scott why do you use Pay day Loans?
I voted yes because I was not willing to let them prey on my Family & Friends any longer.
By Scott
November 6, 2008 3:01 PM | Link to this
Right Jodi, because EVERYONE that uses payday lenders is in debt and borrows WAY more than they can pay back, RIGHT? Because you KNOW us all, and our financial situations. You are brilliant.
By Jodi
November 6, 2008 2:57 PM | Link to this
Sounds like you have bad Karma Scott. By the way wishing bad things to happen to people makes for bad Karma. Just an FYI.
I think you have all forgotten that I’m entitled to my opinion even if you find it to be wrong.
I wouldn’t change my vote if I could.
By stephen
November 6, 2008 2:56 PM | Link to this
sorry people, I voted no, I don’t use payday loans but I believe you should have the option to use your money as you see fit. As many have pointed out, banks are just as bad in some cases.
By k
November 6, 2008 2:54 PM | Link to this
Hey Jodi, go stick you nose some where else instead of in my business and everyone else’s…
GET A LIFE
By Ike
November 6, 2008 2:53 PM | Link to this
I get a kick out of this. Limit PayDay Loans and make an error in your checkbook and the bank can charge you $37.00 for each check bounced or where overdraft was used, even if the check is for $5.00. Have seen people at the bank rack up $200-300 in checks fees in one day. Gotta love government logic.
By Jodi
November 6, 2008 2:49 PM | Link to this
All of you that are complaining about this need to go to another State where they allow you the right to get deeper in debt? Go there and borrow beyond your means and not be able to pay it back.
We aren’t going to allow it here in OHIO.
By k
November 6, 2008 2:48 PM | Link to this
No our country isn’t free anymore and that’s bull crap, not only are they taking something away that helps people, they are now controlling what we do. Such as where we get our money, smoke & ect. Come on I am over the age of 18 and I pay my taxes and my bills and if I want to get extra money from a payday lender then so be it that my business not yours..
Now we cant get help with money nor smoke in public because these snooty people have nothing better to do.. But to pick on us rednecks
That’s what is wrong with today’s people they are so nosey and cant keep the nose out of everyone’s business..
I guess next we will have to document on how many times we wipe our a*s’s… Then they will ban toilet paper from Ohio …
OHIO IS A JOKE………..
By Scott
November 6, 2008 2:42 PM | Link to this
Hey Jodi, have YOU ever had an unexpected car repair? Medical bill? Have YOU ever had a payday lender come to YOUR rescue? I’m thinking not since you are acting so high and mighty and self-righteous. Boy, I sure do hope YOU never get in a bind and have no one or no where to turn to. Actually, I hope you do. Karma sucks.
By Ben
November 6, 2008 2:38 PM | Link to this
Funny you say that Jodi, cause I thought a free country meant I could do what I wanted with my money. The YES voters were clearly uneducated on the topic and stuck their noses where they didn’t belong.
By Jodi
November 6, 2008 2:35 PM | Link to this
It’s a free country last time I checked Bound. Why don’t you take that anger and do something constructive with it.
Oh yes I have millions in the bank like all the others that voted the issue. I think you all will get real far blaming everyone else for your problems.
By GG
November 6, 2008 2:30 PM | Link to this
Let’s do some basic math here people. 391% = $15 for every $100 borrowed. So, $200 borrowed equals $30 in fees. Bank overdraft charges, $29-$39 per transaction…even if only for $3.78! Add to that places like Fifth Third bank, where they charge DAILY, and what do you get?? Answer= a hell of a lot better deal through a payday lender. People, worry about yourselves and don’t act like Big Brother when comes to other people’s money. Plain and simple. Do you pay my bills?
By Susan
November 6, 2008 2:26 PM | Link to this
What a racket! That is legalized usury to be able to charge 391%. Heaven forbid you can now only get 28% interest. The people of Ohio have spoken clearly - DO NOT TAKE ADVANTAGE OF US OR OUR FRINEDS AND FAMILIES! There are social service agencies that help with utilities and rent and never once were they informed of that by the Payday Sharks. Lets be real here - it was use and abuse of other human beings. Enough is enough. Ohio Citizens did the right thing and have spoken LOUDLY!
By Ticked Off
November 6, 2008 2:25 PM | Link to this
and for those who believe people were being taken advantage of - there ARE predatory payday lenders out there, just as some mortgage lenders were out there. BUT, there were a LOT more payday lenders who HELPED people get OUT of the cycle, so as not to risk these people not being ablt to pay their rent, utilities, or even food. If you dont know the issue COMPLETELY,m then by all means - LEAVE THE DOGGON THING BLANK!!!!
By Bound
November 6, 2008 2:18 PM | Link to this
Jodi, do you wear a cape and climb buildings too? Go save the world somewhere else and stop posting here…you obviously have millions in the bank so not sure why you’re even here. Sleep good when the little old lady next door can’t get groceries because she’s on a fixed income and most of it goes towards medications.
By Ticked Off
November 6, 2008 2:18 PM | Link to this
Con’t - The rest of the companies that cannot find other means to stay in Ohio will pull out byt the end of 2009, which will cause another 7200 people in this state to lose their jobs. Funny thing is - banks are a bigger rip off with NSF fees - where is the law to protect the citizens of Ohio fronm the banks? 5/3 charges $28 every day until that negative amount is paid off. Come on - go after the big banks - leave the payday lenders and check cashers alone for God’s sake!!
By Ticked Off
November 6, 2008 2:14 PM | Link to this
just to let everyone know-1700 people have already lost their jobs when Strickland first passed this law due to 2 companies pulling out of the state, I know for a fact another company has shut down 80% of their stores, causing those people to lose their jobs as well. The State of Ohio charges $600-$700 for a State license, its not that easy to get either. They have rent, utilites, payroll, taxes, etc they have to pay too. With the new law-they can’t afford to stay in Oh.
By GG
November 6, 2008 2:13 PM | Link to this
“What is done is done”… yeah, that’s empathy alright. Some of us weren’t born with silver spoons in our mouths. Proactive?!?, that’s good…because two jobs just isn’t enough right?
By Jodi
November 6, 2008 2:12 PM | Link to this
Do you people that are complaining realize how many elderly people were taken advantage of? Stop being selfish, think of others, and find another way to get by. I bet many of you that are complaining about not being able to pay your bills, have cell phones, and direct TV, and many other luxuries don’t you! In some cases it all about choices.
By Mad as hell
November 6, 2008 2:08 PM | Link to this
And you can be as dumb as you like….and look what happens! Thanks a mil.
By Mad as hell
November 6, 2008 2:05 PM | Link to this
Hey you rich people that voted Yes on this issue….can you send me $35,000 to cover my bills please? Thanks!
By Jodi
November 6, 2008 2:03 PM | Link to this
You can be as angry as you like it will not help anything. You need to be proactive and find another way to make ends meet. Call me a do-gooder, fine. But this was obviously mine and all the other Ohioan’s that voted to pass the issues business. I can totally empathize with all of you about not being able to pay bills and the sense of worry you feel. But, what is done is done.
By B.
November 6, 2008 2:01 PM | Link to this
To the posting by “Me”…can you tell me who it is you have talked to??? It would be nice to know there is still an option out there should I need one again. Also, lets see how many credit cards get maxxed out on limits and fees now because there is nowhere else to turn. I think you people (Jodi!!!) didn’t really think this one through, and people are going to suffer even more because of it.
By k
November 6, 2008 1:55 PM | Link to this
Where is our freedom?
It’s long gone and that’s something we need to get back. But we can’t get it back when we have the rich snooty people in control of everything. So for us people that know what a hard life means and live the hard life everyday, but who cares we always get the short end of the stick every time. We work every day and pay our taxes just like the snooty people and yet we still struggle with today’s society.
My point is the payday lenders are there to help and have helped tons of people, and yes there are a few people that have abused the lending company but that’s not everyone’s fault. So why are we being treated like kids, when we are grown adults and responsible for our actions. So if the lending companies are the blame for people getting themselves in financial problems. Then way isn’t the Government the blame for the gas prices that have put people in tight situations which cause them to have to use the payday lending companies to help get them threw the rest of the week till they get paid again. The cost of everything has gone up and has made it so hard for people that are low income families.
If taking this away from people that need it to help put food on the table to feed their family, and to keep a roof over their head and put gas in their cars to get to work to try to make a pay check makes you guys happy then I guess our welfare system will gain more applicants everyday do to the fact they cant afford to work nor support their family. If that happens then I guess the snooty rich tax payers will see that they should have left well enough alone because now they are going to be paying for people to use the welfare system.
So I guess I will be heading to the welfare office to stand in line for assistance because I work and pay taxes and cant afford to feed,house,and put clothes on my kids back. Because the government would rather help people that don’t need help.
So no matter how much you work and try you will never get anywhere living in this society, maybe we should move to Mexico and see if we get the free stuff they get from us here.
Thank you.
p.s. on my way to the welfare office with in the next few days to stand in line.
By Linda
November 6, 2008 1:54 PM | Link to this
no..the bottom line is people need to mind their own business. All these damn do gooders are slowly taking away our freedom..little by little. If I wanted to go to one of these places, it is my business. Hey do gooders…got $200.00 I can borrow for two weeks? NOT!!!!
By ams
November 6, 2008 1:53 PM | Link to this
jenn is right!!! fifth third bank, and i’m sure most other banks, do the same thing with overdraft fees. i would much rather pay a $15 or $30 fee than the bank fees!!!
By jodi
November 6, 2008 1:52 PM | Link to this
Ever Heard of Democracy Kim? I elected to vote yes as many Ohioans’ did. I have had financial problems as well but have never turned to Pay Day Loans as a resolve. There are a lot of things wrong with Financial Institutions that we have no control over. This problem ,we luckily got to vote on and it was overwhelmingly decided by the voters to pass it. It may hurt some, but in the long term in will help many!
By TONYA
November 6, 2008 1:46 PM | Link to this
(continued) how we are allowed to spend our money, the money that we work for everyday. It is all a control game if you ask me. Pass a law to get rid of all the credit cards that the rich people are carrying.
By linda
November 6, 2008 1:46 PM | Link to this
Jodi, we don’t need people like you looking our for us, people will miss use anything. But since you have taken on the role of “looking out for people like us” how about posting your phone number and address and when we are short on money for food or to pay our heating bill this winter, we can call you up for a loan.
By TONYA
November 6, 2008 1:43 PM | Link to this
I have never had to use any payday advances but my boyfriend has. It was comforting to us to know the option was there if we needed it. As for many of us, we have no credit (not bad credit, just no credit) and there isn’t a bank anywhere to help out when times hard. Everyone runs into unexpected problems, requiring money, of course. Alot of us don’t have family or friends to borrow from. I think it is a bunch of bull that now, we, as americans, the land of the free, have had restrictions put on
By BEEN THERE, DONE THAT
November 6, 2008 1:42 PM | Link to this
My heart breaks for those of you who desperately need the payday loans and will be affected by issue 5. I have used payday loans myself and it was one of the biggest nightmares I have ever experienced. I borrowed the money, but lived so tight that I could not afford to pay it back after 2 weeks and then had to continually keep taking the money out again. It is such a nasty cycle and the fees drain you. Really, issue 5 is a no-win situation for everyone.
By Me
November 6, 2008 1:40 PM | Link to this
I am a payday loan user. I admit that. I also admit that I am trapped in the cycle because the fees kill me everytime I have to pay back. I am glad the fees will be less & I feel that if they do give you more time to pay that I can get myself out & break free from them. I have also talked to the one I go to & they have applied for a license that will still allow them to loan money out it will just be a money order instead of cash and the fees will be less & you can borrow more than 4 time a year
By jenn
November 6, 2008 1:33 PM | Link to this
HECK, FIFTH THIRD BANK IS NO BETTER THEY HAVE CHANGED THEIR “OVERDRAFT” POLICIES SO THAT THEY ARE STEALING YOU BLIND. EVEN THE HARDEST WORKING AMERICANS CAN FALL SHORT FROM TIME TO TIME—-HOW ABOUT PASSING AN ISSUE FOR THE BANKS SO THAT THEY CAN NOT GOUGE YOUR EYES OUT!
By Ryan
November 6, 2008 1:32 PM | Link to this
This is an overwhelming victory for Ohio’s consumers. Over 3 million Ohio voters strongly repudiated 10 years of predatory payday lending and asked for a return to fair and responsible lending! This is a positive development for Ohio’s families, communities and economy!
By kim
November 6, 2008 12:52 PM | Link to this
Jodi said” Pay day loans are a viscous cycle that you are better off staying away from.” Ok Jodi how about a loan? I would rather pay few bucks extra and keep my utilites from being shut off. What is it with these people that fill the need to chose for us.
By D H Johnson
November 6, 2008 12:42 PM | Link to this
Let me say ! Thank you fellow voters of ohio. This payday lending thing is the worst ripoff i have ever saw. I have known of people losing their homes because of these places. I am just thankful that ohio has lawmakers willing to stop such nonsense. The next thing that needs to go is rent to own furniture stores, and after that payday car sales. All these are schemes to rip folks off.