WOSU News Archives For: April 17, 2008

More conflicting testimony on payday loans

12:00AM
April
17, 2008

A legislative committee Thursday heard more public testimony that put lawmakers between a rock and a hard place. On one hand, legislators were told that those 2-week loans handed out by payday lending stores are a rip-off. But, on the other hand, lawmakers were told, if they slapped tighter limits on the interest charges, the loans would no longer be available to consumers who needed emergency cash.

Ohio ranks second to last in benefits to veterans

12:00AM
April
17, 2008

According to a recent report from the U.S. Department of Veterans Affairs, Ohio ranks second to last among all states in disability payments to veterans. Ohio’s congressional delegation is pushing legislation they say will narrow the gap.