Four people are dead in two separate accidents in Central Ohio. In Pataskala, investigators say a head-on collision on East Broad took three lives. One vehicle crossed the center line. Early this morning, the driver of a pick-up truck was killed when he slammed into a tree in a residential area south of Route 104 [...]
Credit Unions Look to Fill In Gap if Payday Lenders Leave Ohio
Listen to the Story
The payday lending industry is threatening to pull out of Ohio after passage of tough new regulations covering short term loans.
Now, at least two dozen credit unions are preparing to fill in the gap by offering an alternative they call “stretch pay.”
Members have access to $250 line of credit for an annual fee of $35 and lower interest rates than those of payday lenders.