Payday Lending
Posted Tuesday, August 21, 2007
Share
Tweet
Download MP3OK, a $15 fee for every $100 borrowed might not sound like much at first, but that's what payday lenders are banking on. Do the math and it turns into a 391 percent annual percentage rate. Despite that, payday loans are popular. Lawmakers are debating new limits for the payday lending industry -- later this morning we'll talk about what works, what's fair and what else there is when you're trying to pay your bills. Join us at nine, on 90.3.
Tags
Government/Politics, Community/Human Interest
Guests
Bill Faith, Executive Director, Coalition on Housing and HomelessnessDarryl Dever, spokesman, Ohio Association of Financial Service Centers
Rita Haynes, CEO and manager, Faith Community United Credit Union
Additional Information
Policy Matters Ohio payday lending studyCommunity Financial Services Association on payday lending
Prosper.com
Leave a Comment
Please follow our community discussion rules when composing your comments.
RSS
Podcast
Live Video Stream
Watch the Sound of Ideas during the broadcast - view now! Live video stream available during normal broadcast, Mon-Fri, 9-10 AM (EST).
Interact with The Sound of Ideas
Recently Featured all entries
-
2013 Senior Standouts Four of Northeast Ohio's senior standouts join us to talk about their inspiration and their aspirations.
-
We Love Cars, But Not Buying Them Northeast Ohioans make new car dealers a favorite target of consumer complaints. Why?
-
Working From Home An encore presentation of our discussion about whether working from home works for both employers and employees.
About
Air Dates
The Sound of Ideas Funding
Idea Center® at PlayhouseSquare
1375 Euclid Avenue
Cleveland, Ohio
44115-1835
Directions
Have a Question?
216-916-6301
Send a Message
Main
216-916-6100
Toll-Free
877-399-3307
ideastream® is a not-for-profit multiple-media public service organization serving the communities of Northeast Ohio and based in Cleveland, Ohio. The mission of ideasteam is to strengthen our communities.
© 2013 ideastream.