ProgressOhio

The payday lenders will obviously stop at nothing to take advantage of people with money problems. But given their sales tactics - like “Take 5 loans out, get the 6th one free” (Link, one should not be surprised their political tactics are sketchy, at best.

Come Nov. 4th, Ohioans need to send a message to the payday lenders to shape up or ship out. Vote Yes on Issue 5

It is easy to get into trouble if you take a chance on something without being informed, or take action based on faulty information or assumptions. Currently, the pros and cons of payday loans are being hotly contested, and just what is in the future for the industry. Some of our leaders, from both sides of the aisle, have even enacted legislation at the state and local levels that makes it difficult to get a payday loan if you need one, and some have banned them outright. Still others, such as Barack Obama, are looking to get rid of the industry altogether; which is based on the idea that payday loan lenders are nothing more than legalized loan sharks, which is just outright faulty logic. This is the time to educate yourself and your friends so all can preserve their right to financial independence.

Post Courtesy of Personal Money Store
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