Martinsville Police investigate attempted robbery at payday lending store
Published: November 23, 2009
Updated: November 23, 2009
Martinsville Police are investigating an attempted robbery at a payday lending store.
It happened Monday around 11:15 a.m. at the Approved Cash Advance store at 1314 South Memorial Boulevard. An employee tells police a man came into the store and said he was going to rob it. The employee opened the cash drawer and showed the man that the drawer was empty. The front desk worker called for another employee to come to the front of the store. That’s when the man left, getting into a burgundy or red-colored car believed to be a Honda. The car was seen going southbound on Memorial Boulevard.
No one was hurt. Police say no property was damaged or stolen during the incident. No arrests have been made.
If you have information that could help police, call Crime Stoppers at (276) 63-CRIME or (276) 632-7463.
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Reader Reactions
Uncertainty with payday lending industry isn’t new to us. Many people have been particular on choosing payday lenders. On the other hand, payday lending gets a bad rap from people that lack the means to rational thinking. Ohio recently capped all lending to 28% APR, which will drive some payday lenders bankrupt, and for the less than intelligent it’s a victory. OK, let me explain something – supply (i.e. lenders) is created by demand. Now if there were more middle class jobs available, then there would be no demand, would there? If the legislators in Ohio were concerned with a solution that actually has something to do with the problem, they would be trying to bring JOBS to Ohio, not driving out payday lenders – and now people are going to STILL need payday loans but won’t be able to get them, making things worse.
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