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


Funding For The ISIS Conflict

Since it seems inevitable that the United States  will once again beinvolved in a Middle East conflict that will never have any resolution, may I present an idea about the funding for this engagement  that has not been bantered?     Despite the fact that no Middle Eastern country will commit troops to fight ISIS, considering that ISIS is much ... (click for more)

The Republican War On Public Schools

Today’s education summit and its focus on Common Core is just a minor skirmish that ignores the major battles being waged by Republicans in their on-going War on Public Schools. This administration’s education policies feed fat cats while starving students and teachers. Out-of-state corporations and in-state segregation academies are pilfering, plundering, and profiting from the ... (click for more)

EPB Officials Huddle With Attorneys Over City Street Lighting Issue

EPB board members huddled with attorneys on the issue of billing for city street lights on Friday morning. EPB Chairman Joe Ferguson asked for the private session with attorneys Rick Hitchcock and Tom Greenholtz of Chambliss Bahner. Don Lepard, owner of Global Green Lighting, earlier filed a $10 million "whistle blower" lawsuit, claiming overbilling by EPB on street lighting. ... (click for more)

City Council Taking Applications From Those Interested In Serving On City IDB

The City Council is taking applications from those interested in serving on the city industrial Development Board (IDB).   There are four vacancies on the board that has been in the news for its controversial approval and re-approval of $9 million in Tax Increment Financing (TIF) for developers of Aetna Mountain. Resumes are due by Sept. 29.   ... (click for more)

Hill, Wolfe Help Central Hand East Ridge First 6-AA Loss

On Tuesday, Central dropped its first District 6-AA volleyball match to Hixson. Two days later the Lady Purple Pounders did the same to East Ridge. With Rebekah Hill and Skyler Wolfe leading the rebound from Tuesday’s loss, Central swept East Ridge 3-0 and remained in the hunt for their second straight district championship. Set scores were 25-14, 25-16, 25-22. “The ... (click for more)

Lee Davis A Successful Runner Among Other Things

Lee Davis grew up in Philadelphia, went to college at Elizabethton College in Central Pennsylvania and graduated from law school at Boston University. He also became a pretty good runner during that time. Davis is a high-profile attorney in Chattanooga who does something physical every day.   He doesn’t train like he once did and he doesn’t even like to talk about ... (click for more)