Monday, May 19, 2008

Don't let the door hit ya on the way out

Check into Cash is leaving Ohio. Thanks to some recent state legislation that put a cap on APRs that payday lending businesses can place on customers, Check into Cash is "forced" to leave. Boo fucking hoo on this one. I understand this strikes a blow to the 200-some employees that CiC employed, but hopefully they won't find themselves in the same dilemmas as uninformed consumers who were duped by CiC. Good riddance. (Now bring on the consumer financial education!)

No comments: