http://www.blogsmonroe.com/budget/2008/05/some-ohio-payday-lenders-shutting-down/ A frugal living blog for Monroe, Mich. Sat, 21 Nov 2009 21:15:50 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://www.blogsmonroe.com/budget/2008/05/some-ohio-payday-lenders-shutting-down/comment-page-1/#comment-7334 jasmine Wed, 27 Aug 2008 12:18:26 +0000 http://www.blogsmonroe.com/budget/?p=1804#comment-7334 Let's find a compromise on these payday issues. The truth is most people who have dealt with the payday lenders hate them. They are trapped in horrible interest rates. They also have the pressure every two weeks to pay back the whole loan with interest. Many people then have to borrow again the next day in order to pay their bills. It is quite difficult. There needs to be a better pay back plan. This is my main issue. Let’s find a compromise on these payday issues. The truth is most people who have dealt with the payday lenders hate them. They are trapped in horrible interest rates. They also have the pressure every two weeks to pay back the whole loan with interest. Many people then have to borrow again the next day in order to pay their bills. It is quite difficult. There needs to be a better pay back plan. This is my main issue.

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