Thursday, May 23 2013 5:19 PM EDT2013-05-23 21:19:44 GMT
One south Georgia law enforcement agency recently received much needed financial help for a mandatory upgrade. The Thomasville Police department got an $8,000 grant from the Governor's Office of HighwayMore >>
The Thomasville Police department got an $8,000 grant from the Governor's Office of Highway Safety.More >>
Thursday, May 23 2013 5:13 PM EDT2013-05-23 21:13:37 GMT
Army Specialist Ciara Smith surprised her son Devin Lewis and her mother Carla Williams today at Devin's Kindergarten graduation at Harper Elementary School in Thomasville. Smith just returned from herMore >>
Army Specialist Ciara Smith surprised her son Devin Lewis and her mother Carla Williams today at Devin's Kindergarten graduation at Harper Elementary School in Thomasville.More >>
Thursday, May 23 2013 5:06 PM EDT2013-05-23 21:06:59 GMT
A south Georgia soldier is enjoying her first night with her family in months. She returned to Quitman today after a 10-month deployment in Afghanistan. And she surprised her son and her mother at herMore >>
A south Georgia soldier is enjoying her first night with her family in months.More >>
Thursday, May 23 2013 5:04 PM EDT2013-05-23 21:04:16 GMT
All non-essential employees at Marine Corps Logistics Base Albany have been sent home for the day due to a sudden drop in water pressure. Base officials say the water is either running extremely low orMore >>
The command is still investigating the cause of this specific leak and will provide up-to-date information to the public as well as its workforce as to the causes and preventative measures that will take place in the future.More >>
November 11, 2004
Albany- Tammie Nunally doesn't mind reminding customers that their loan payment is due because she knows they're making fair payments to Colonial Finance.
"We deal with customers that are critical, high potential customers that just don't qualify at bank level," Nunally said.
But they still need money. And Tammie is licensed to give them a loan because she and the company she works for are certified through the Georgia Industrial Loan Association.
"We cannot give loans without being certified," she said.
We contacted about ten local loan companies. Colonial Finance was the only one that agreed to speak to us.
Some of these businesses, though, are being shut down for charging customers incredibly high interest like this one that was shut down in East Albany last week.
"The new business plan that they had adopted is that they would charge $25 for every hundred dollars," said Leah McEwen, an assistant district attorney in Dougherty County. "So if you multiplied that out, that is 365 percent."
A state law passed last year makes that a felony and it says companies can only charge up to 16 percent interest for a loan up to $3,000. But some of those companies try to hide the high interest.
"We have heard of other businesses selling phone cards, Internet access, catalog coupons and things of that nature in order to attempt to disguise the transaction," McEwen said.
But Tammie says those companies shouldn't give hers a bad name. "We're here to help people, not hurt them," Tammie said. "When they get a loan from us, we give them something that they are able to pay back."