Comments on: Henry’s payday loan hypocrisy

By: Pez

Pez — Fri, 19 Feb 2010 16:06:19 +0000

@frustrated – I think you are somewhat off topic here. There is Likely no bank that will let anyone open any kind of account without an SSN. Any person in the country illegally will not take advantage of such as using a fake of fictitious SSN at a bank would increase the chances of INS scrutiny.

There's a fine line… banning check cashing places on the grounds that they aid and abet illegals in their attempt to stay in the country illegally would open the door to banning other things, like prepaid phones or phone cards. Sooner or later it becomes considerably more difficult to enact and enforce laws making it more difficult for illegals to stay in-country without violating the conservative principles surrounding small-government and lazziez-faire.

By: Pez

Pez — Fri, 19 Feb 2010 16:00:28 +0000

I found the Centro de Denero… it's on Calhoun bet. Dewald and Creighton… as was suspected.

By: DouglasB

DouglasB — Fri, 19 Feb 2010 00:01:00 +0000

Bank of Fort Wayne? I thought we already had that. For a long time City Utilities would cash your check or even let you back date it and grab a little cash.

Or, Mayor Tom could just direct these folks to The Deer Park, The Green Frog, or another Henry family owned bar for quick cash at a good rate……

By: frustrated

frustrated — Thu, 18 Feb 2010 04:25:32 +0000

just another effort to help out the ILLEGALS that have set up house in the U.S. My stimulus package to indiana would be to enact laws that every company would have to make a background check for their employee's to weed out illegals, and punish businesses that takes advantage of illegal workers at the expense of legitimate businesses that follow the law. this law was killed in indiana by the democrats in the past session. You would have 10s of thousands of jobs opening up overnight being filled by legal Indiana residents that we are now paying unemployment for.

By: Pez

Pez — Wed, 17 Feb 2010 20:24:43 +0000

Looking at your map, I am surprised to not see the payday loan business in question in the portion of Fort Wayne understood to have a larger mexican population, namely the near south broadway, fairfield and calhoun n/s corridors. Maybe I missed it.

By: Bob G.

Bob G. — Wed, 17 Feb 2010 18:13:17 +0000

Dan:
Be interesting if you ALSO found out how many pawn shops, bars and liquor stores are along the same corridors the paycheck-loan places are…

I'd bet there is a DIRECT correlation.

I've seen it before in Philly…like buzzards circling fresh carrion.
(kinda like a self-perpetuating crime market)

Good post.

By: Intelectual

Intelectual — Wed, 17 Feb 2010 02:39:42 +0000

You surely are up to date!
Please make an attempt to do some driving around town and do some math (I know it is difficult for people like you) and before making any moronic statements and idiotic mistakes.

That business closed in 2007 and if can do some CALCULATIONS (Extreme vocabulary for you): Take away 2007 minus 2010 equals….. (Jeopardy's song…….) Ok. I know, too difficult! How about 10 ( T E N) Minus (-) 7 (seven) equals (=)…. (Jeopardy's song…….) OK. If you cain't (probably your vocabulary) Ask your elementary teacher from 30-40 yrs ago and if he/she still alive then walk across the trailer park and look for someone/something to draw it for you!!! GET A LIFE!! Hahahaha

By: Pez

Pez — Tue, 16 Feb 2010 21:55:43 +0000

I guess I can see hypocrisy in the notion that the Hispanic liaison does seem to have a conflict of interest in operating predatory (albeit at-will) lending services that target Hispanics through their proximity to high concentrations of Hispanic population. Where I dont see it is in how Henry is taking aim at (near?) these places.

There are a lot of undesirable businesses, those responsible for land use (be it planning or zoning) have blood on their hands in this regard.

By: AWB

AWB — Tue, 16 Feb 2010 21:34:57 +0000

The hypocrisy is Henry hired someone that runs one of those "expensive check-cashing services and payday loan operations," as he calls it.

You're most likely correct on the math issue to a degree, but if payday operations were not allowed to flourish and people had to use traditional methods, they wouldn't be taken advantage of. Or maybe, they might learn a little about fiduciary constraint.

It's a shame they even allow them here IMHO.

By: Pez

Pez — Tue, 16 Feb 2010 21:23:43 +0000

"Undoubtedly?" Jjust because you think something is true doesnt make it free from doubt. While I would imagine there are a lot of illegals that would be served by these sort of places, well, so does Kroger.

I agree also that these places target the poor and are indeed one of the biggest legal ripoffs, they are not a lot different than a "rapid refund" shop that masquerade as a friendly business when in fact they are a seasonal check cashing place.

It's certainly difficult to defend such a place,but I am having a difficult time figuring out the hypocrisy here. How is the hispanic immigrant liaison going to influence this program?

Also, you say that Henry isnt addressing the real problem, the predatory lending practices of payday loan shops. However it's likely true that people using these shops are not educated enough to know basic math, or have no other options. Henry's program can do nothing about the former, But does indeed seem like a way to at least try to address the latter.

By: zeak

zeak — Tue, 16 Feb 2010 20:39:25 +0000

illegals use them becuase they dont have or are "borrowing" ss numbers is the mayor now saying if you use his service you dont need a ss number? i dont think thats legal under the patriot act. is he skirting federal law? if somone has a legit ss number why would they need a special fort wayne bank program? this is kind of bizare