A followup on an earlier post on Dollartamer regarding Issue 5. It’s still early in the evening, but Ohio has overwhelmingly voted for Issue 5. This will cap payday loans to 28% APR and effectively run the payday loan industry out of Ohio.
If you want more details on the bill, check out our earlier post.
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Written by Matt on November 4, 2008
It’s been plastered all over the television, run on crawlers during TV shows, and even mentioned on the evening news. The conversion from analog to digital television is on February 17. If you still have any older televisions that are not hooked up to satellite or cable, you may need a converter box.
The good news is that you can save $40 on a converter box (or $80 on two converter …
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Written by Matt on October 11, 2008
I came across an article on Yahoo Finance that the issue of privitizing social security may not be dead after all. Currently, neither Obama nor McCain want to even mention privitization. With the down market, it’s not a popular plan in the least. However, everyone is aware of the problems with Social Security:
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Written by Matt on October 9, 2008
As I reviewed what was going to be on the Ohio Ballot this year, I came across Issue 5. This referendum would cap payday loans to a maximum of 28% APR. What is appalling is that the current cap is 391% ($15 interest on a 2-week $100 loan).
Unfortunately, the people who use these loans frequently get cought up …
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Written by Matt on October 7, 2008
It’s old news now, but the $700 Billion (actually more than that), bailout bill passed the house and has already been signed by President Bush. It will stabilize some economic concerns, but there are plenty of costs.
What do you think about all this? Post your thoughts in the comments.
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Posted under News
Written by Matt on October 3, 2008
