WOSU News Archives For: November 8, 2007

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Payday Lending to Military Sharply Curtailed

12:00AM
November
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

N/A
12:00AM
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.