Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Ohio payday loan sent to governor
COLUMBUS, Ohio (5/23/08)--Ohio's payday loan reform bill is on its way to Gov. Ted Strickland for signature, which is expected next week. Members of the state House of Representatives voted 70-24 Tuesday to approve Senate changes in the bill (WHIO.TV.com May 20). The bill caps interest rates on short-term loans at 28% and limits borrowers to four such loans a year. Credit unions in the state have received positive attention as alternatives for payday loans (News Now May 20). Payday lenders opposed to the bill said they would have to leave the state.
Other Resources

RSS print
News Now LiveWire
September is National Preparedness Month. Read how your CU can get ready in #NewsNow #NPM @AgilityRecovery @Readygov
1 Day ago
Bay Area #creditunions featured in @SFBusinessTimes article http://t.co/SE7W81Ulia
1 Day ago
#NewsNow: 8 CU advisory board, new senior leaders named at @CFPB. http://t.co/EPKgHEDRRN
1 Day ago
#NewsNow: @FTC warns of government impostor scams. http://t.co/MMWBOcrqwJ
1 Day ago
Registration open for @CUNAMutualGroup's Discovery Conference #NewNow http://t.co/CATF0j9ct1
1 Day ago