Comments on: Apparently Editorials Don’t Need to Rely on Facts http://www.buckeyeinstitute.org/blog/2008/10/23/apparently-editorials-dont-need-to-rely-on-facts/ Up To The Minute Analysis Of Ohio Public Policy Fri, 30 Oct 2009 15:34:40 -0400 http://wordpress.org/?v=2.8.1 hourly 1 By: CaseyM70 http://www.buckeyeinstitute.org/blog/2008/10/23/apparently-editorials-dont-need-to-rely-on-facts/comment-page-1/#comment-1363 CaseyM70 Sat, 25 Oct 2008 23:09:18 +0000 http://www.buckeyeinstitute.org/blog/?p=3295#comment-1363 99% of Americans need to borrow $$ at some point in their lives- student/auto loans, mortgages, credit cards, etc. Why should getting a short term loan be anyone else's business? It's a CHEAPER option than paying bounced check or late fees. Certainly better than doing without gas, electricity, water or food until the next paycheck. This is a business, just like any bank, store, airline, gas station, etc. We provide a service. If you choose not to use it-- so be it your choice. If you decide it's the best option for you- so be it your choice. If you decide to repreatedly use payday loans as a means to survive/supplement your income- so be it your choice. ITS MY $ & it's MY CHOICE!! **** NO on 5!!!**** 99% of Americans need to borrow $$ at some point in their lives- student/auto loans, mortgages, credit cards, etc. Why should getting a short term loan be anyone else’s business? It’s a CHEAPER option than paying bounced check or late fees. Certainly better than doing without gas, electricity, water or food until the next paycheck.

This is a business, just like any bank, store, airline, gas station, etc. We provide a service. If you choose not to use it– so be it your choice. If you decide it’s the best option for you- so be it your choice. If you decide to repreatedly use payday loans as a means to survive/supplement your income- so be it your choice.

ITS MY $ & it’s MY CHOICE!!

**** NO on 5!!!****

]]> By: Darren http://www.buckeyeinstitute.org/blog/2008/10/23/apparently-editorials-dont-need-to-rely-on-facts/comment-page-1/#comment-1360 Darren Fri, 24 Oct 2008 20:53:04 +0000 http://www.buckeyeinstitute.org/blog/?p=3295#comment-1360 The fact is these left wing advocates can spin this anyway they want,but the facts are a two week short term loan shouldnt be held to an APR to judge weither it's a good deal for the consumer or not.15.00 per hundred is 15% and theres not an economist any where that will state different.GREAT JOB AGAIN MARC!Your right on as always.VOTE NO ON 5 The fact is these left wing advocates can spin this anyway they want,but the facts are a two week short term loan shouldnt be held to an APR to judge weither it’s a good deal for the consumer or not.15.00 per hundred is 15% and theres not an economist any where that will state different.GREAT JOB AGAIN MARC!Your right on as always.VOTE NO ON 5

]]> By: darren http://www.buckeyeinstitute.org/blog/2008/10/23/apparently-editorials-dont-need-to-rely-on-facts/comment-page-1/#comment-1359 darren Fri, 24 Oct 2008 15:53:32 +0000 http://www.buckeyeinstitute.org/blog/?p=3295#comment-1359 Vote NO on Bad laws that no one wanted to begin with.PROTECT 10,000 GOOD PAYING OHIO JOBS.No more GOVERNMENT CONTROLLED DATABASES..This is An attack on freedom in this state this is serious and we need to spread the word VOTE NO ON 5! Vote NO on Bad laws that no one wanted to begin with.PROTECT 10,000 GOOD PAYING OHIO JOBS.No more GOVERNMENT CONTROLLED DATABASES..This is An attack on freedom in this state this is serious and we need to spread the word VOTE NO ON 5!

]]> By: jaymore http://www.buckeyeinstitute.org/blog/2008/10/23/apparently-editorials-dont-need-to-rely-on-facts/comment-page-1/#comment-1357 jaymore Fri, 24 Oct 2008 14:17:32 +0000 http://www.buckeyeinstitute.org/blog/?p=3295#comment-1357 The assertion often made that payday lenders prey on customers they know can't repay the loan is ridiculous. How crazy is it to go after customers you know can't pay? How about if you intentionally rented an apartment to someone you knew couldn't afford it? How about if you served a dinner in your restaurant to someone who couldn't pay? Just how long would those establishments stay in business? Why can't critics understand that payday loans are a viable and reasonable option for those who need emergency cash? Vote NO on Issue 5! The assertion often made that payday lenders prey on customers they know can’t repay the loan is ridiculous. How crazy is it to go after customers you know can’t pay? How about if you intentionally rented an apartment to someone you knew couldn’t afford it? How about if you served a dinner in your restaurant to someone who couldn’t pay? Just how long would those establishments stay in business? Why can’t critics understand that payday loans are a viable and reasonable option for those who need emergency cash?
Vote NO on Issue 5!

]]> By: Marc Kilmer http://www.buckeyeinstitute.org/blog/2008/10/23/apparently-editorials-dont-need-to-rely-on-facts/comment-page-1/#comment-1356 Marc Kilmer Fri, 24 Oct 2008 11:47:05 +0000 http://www.buckeyeinstitute.org/blog/?p=3295#comment-1356 How do payday lenders know people can't afford their rates? The people who take payday loans have jobs and have checking accounts. These people promise to repay the money. Yes, some do not repay. That means payday lenders are out a lot of money to those people. If payday lenders want to take that risk, they should be free to do so. Both parties agree to the economic transaction. Why is that any of your business? How do payday lenders know people can’t afford their rates? The people who take payday loans have jobs and have checking accounts. These people promise to repay the money. Yes, some do not repay. That means payday lenders are out a lot of money to those people. If payday lenders want to take that risk, they should be free to do so. Both parties agree to the economic transaction. Why is that any of your business?

]]> By: Yes on Issue 5 http://www.buckeyeinstitute.org/blog/2008/10/23/apparently-editorials-dont-need-to-rely-on-facts/comment-page-1/#comment-1355 Yes on Issue 5 Thu, 23 Oct 2008 22:35:20 +0000 http://www.buckeyeinstitute.org/blog/?p=3295#comment-1355 Pay day loan sharks prey on the people they know can't afford their ridiculous interest rates. They need to be regulated, and Issue 5 is the right way to do it. Yes on Issue 5! Pay day loan sharks prey on the people they know can’t afford their ridiculous interest rates. They need to be regulated, and Issue 5 is the right way to do it.

Yes on Issue 5!

]]>