A current visitor line within the Sarasota Herald-Tribune ("Financial regulators are paving the way in which for predatory lenders," Sept. 2) mischaracterized FloridaвЂ™s consumer-friendly regulations for short-term loans, distributing tired fables about a method which has worked well for millions of Floridians. Because the CEO of an organization that provides a array of helpful lending options to consumers, we simply just simply take offense at that representation.
We emigrated from Scotland in 1986 and relocated my loved ones to Tampa, where we worked at a bakery that is small. We werenвЂ™t all that great at baking as it turns out. Exactly what we did see had been workers across the certain area cashing their paychecks at regional alcohol shops. We desired to provide an alternate, somewhere that supplied a secure, clean, and lobby that is friendly provided other convenient solutions such as for example cash requests and bill pay. ThatвЂ™s exactly how a basic concept for Amscot was created.
Compliment of legislation passed in 2001, Florida has some regarding the strongest customer defenses into the country.