Ohio’s Governor, Ted Strickland, is on a movement to convince the people in his state to vote in favor of House Bill 545. Despite the voice of the people earlier this year, this bill would put a cap on annual interest rates that no fax payday loan lenders can charge up to 36 percent. For every $100 that a lender issues to a customer, they make a pitiful dollar and some change. That means there would be no money-making in this industry at all and House Bill 545 will drive the entire industry out of the state. In addition to that, Democratic presidential candidate, Barack Obama, is also supporting this action. Obama has gone record stating that if he does win the White House, he will follow through with his wishes to impose Strickland’s interest rate cap nationally. In return, what alternative will the offer the people when they are stuck trying to make ends meet? Hitting rock bottom is almost inevitable. This expresses the importance of having your voice heard.
Post Courtesy of Personal Money Store
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Ohio’s Governor,.....
Ohio’s Governor, Ted Strickland, is on a movement to convince the people in his state to vote in favor of House Bill 545. Despite the voice of the people earlier this year, this bill would put a cap on annual interest rates that no fax payday loan lenders can charge up to 36 percent. For every $100 that a lender issues to a customer, they make a pitiful dollar and some change. That means there would be no money-making in this industry at all and House Bill 545 will drive the entire industry out of the state. In addition to that, Democratic presidential candidate, Barack Obama, is also supporting this action. Obama has gone record stating that if he does win the White House, he will follow through with his wishes to impose Strickland’s interest rate cap nationally. In return, what alternative will the offer the people when they are stuck trying to make ends meet? Hitting rock bottom is almost inevitable. This expresses the importance of having your voice heard.
Post Courtesy of Personal Money Store
Professional Blogging Team
Feed Back: 1-866-641-3406
Home: http://personalmoneystore.com/NoFaxPaydayLoans.html
Blog: http://personalmoneystore.com/moneyblog/