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As a congressman, Mick Mulvaney accepted donations from payday lenders. Now he's in control of the Consumer Financial Protection Bureau, which has delayed implementing payday lending rules.
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A bipartisan bill that would crack down on Ohio’s 650 payday lenders has received its first hearing in the House. Ohio Public Radio's Jo Ingles reports. A…
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Regulations proposed by the Consumer Financial Protection Bureau would require lenders to determine whether customers can repay within 30 days before issuing a loan.
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Faith leaders came to the Statehouse Wednesday to speak out on payday lending. Ohio Public Radio's Karen Kasler reports.“Lord, we cannot imagine a Heaven…
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Faith leaders and advocates for the poor are calling on the federal government to do something to reform payday lending. They say payday lenders are…
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The Ohio Supreme Court last week handed a big win to the payday lending industry by ruling that a two-week loan with a 235% interest rate is legal. The…