The Original Payday Loan

Thursday, August 29, 2013

With all the comments and media about payday loans there is something missing. I am 77 years old and can remember going to our local branch bank and getting my first loan. I got $100 on a 90 day note. Over the years this was used by the bank's customers. During this time the minimum amount available was raised to $200, $300 and continued until was no longer available. The last 90 day note I got from the bank was a minimum of $1,000.

Whatever you think about payday loans, good or bad, might I suggest that you go to your local bank and ask for a loan of $200 for 30 days and then share the results on Chattanoogan.com. I believe the readers would be interested in the process and results. In some areas the "good old days" had some good that has been lost. 

N.D. Kennedy Sr.
Ooltewah


End Modern Slavery

It is estimated that more than 27 million people are enslaved worldwide, in over 165 countries, including the U.S.  That is more than at any time in history.  Many of these victims are women and children, and many of them are right here in our city, in our neighborhoods.  Human sex trafficking is a multi-billion dollar business that preys on some of the most vulnerable ... (click for more)

Jerry Mitchell Is The Best Choice For City Council District 2

I am writing to offer my wholehearted support for Jerry Mitchell, our Chattanooga District 2 councilman. Jerry Mitchell is the best choice for City Council District 2.  Jerry is dedicated to his constituents and has done an excellent job of representing our district for the past four years.   In the four years that Jerry has been our District 2 representative, I ... (click for more)

Commissioner Boyd Asks County Auditor To Get Detailed Data On Visitors Bureau Spending

County Commission Finance Committee Chairman Tim Boyd said he is asking County Auditor Jenneth Randall to supply him with details about spending at the Chattanooga Visitors Bureau, including actual credit card and travel expense statements. He said he also wanted copies of contracts for office renovations made to the Suntrust Building 18th floor where the CVB has offices and all ... (click for more)

Developer Agrees To Set Aside 5 "Affordable" Units At Bread Factory Lofts After City Board Is Vote Short Of Approving Refinancing

A South Carolina developer who is purchasing the Bread Factory Lofts on the Southside agreed to set aside five units for "affordable housing" in order to get the approval of a city board for the financing of the purchase. Only four members of the Health, Education and Housing Facility Board were present, and Lloyd Longnion said he would not give approval unless the developer ... (click for more)

Red Bank Girls, Tyner Boys Prevail In 6-AA Title Games

The capacity crowd at Hixson High School got their money’s worth and more Tuesday night in the championship finals of the District 6-AA basketball tournament. The Red Bank-Tyner girls have had four extremely tight games this season and the same can be said for the Tyner-Brainerd boys, so you had to know that the two games on tap for the tournament titles would be top-notch and ... (click for more)

Cleveland Manhandles East Hamilton For District 5-3A Tourney Title

Almost every time Diontae Davis got the basketball in his hands he heard a little voice. “Give me the ball! Give me the ball!” It was Davis’ teammate KK Curry. Davis fed Curry a steady diet of passes from every imaginable angle on the court and so did other teammates. The big, lanky junior responded with a game-high 29 points and led Cleveland to a surprising ... (click for more)