GUEST EDITORIAL: Floridians are very well offered by current pay day loan laws

GUEST EDITORIAL: Floridians are very well offered by current pay day loan laws

A guest that is recent when you look at the Sarasota Herald-Tribune (“Financial regulators are paving the way in which for predatory lenders,” Sept. 2) mischaracterized Florida’s consumer-friendly regulations for short-term loans, distributing tired urban myths about a method which has had worked well for millions of Floridians. Due to the fact CEO of a business that provides a variety of helpful lending options to customers, we just simply take offense at that representation.

We emigrated from Scotland in 1986 and relocated my children to Tampa, where we worked at a tiny bakery. We weren’t all that great at baking as it turns out. But just what we did see were workers all over area cashing their paychecks at regional alcohol shops. We wished to provide an alternative solution, somewhere that supplied a safe, clean, and lobby that is friendly offered other convenient solutions such as for example cash sales and bill pay. Continue reading “GUEST EDITORIAL: Floridians are very well offered by current pay day loan laws”