WOSU News Archives For: November 8, 2007

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Payday Lending to Military Sharply Curtailed

8, 2007

Payday lenders, those businesses that lend money at an annual percentage rate of nearly 400 percent, lost a valuable group of clients last month. On October 1st, Congress capped the interest rate for military personnel at 36 percent. That caused these store-front lenders to stop lending to people in the armed forces.

During Downturn Home Sellers Turn to St. Joseph

November 8, 2007

There are lots of ways to measure the health of the housing market: New home sales, Existing home sales, Number of Days on the Market and of course Sale Prices. But there is another barometer with heavenly ties – Sales of St. Joseph Statues. And sales of the statues are booming.