Feds urged to curb predatory payday lenders with new rules
Cordray, director of the CFPB, is poised to publish draft regulations on short term loans. The proposal would require lenders to assess repayment ability, aiming to curb spiraling debt after high fees and multiple loans. The effort faces a hostile Congress but seeks to balance protection with access to credit.
MENTIONED IN THIS ARTICLE
Cordray
Ohio
Consumer Financial Protection Bureau
New York Times
Lundy
Lorain County
General Assembly
Ohio Supreme Court
Elyria Municipal Court
9Th District Court of Appeals
Bureau
The
Times
Congress
Flooding, development, and tax protests in Lorain County
North Ridgeville flood risk worsened by rapid Lorain Road and southern development adding impervious surfaces. Residents oppose a new monthly tax to solve flooding, noting already collected runoff fees and outside-engineer hired aides. School plans to remove wetlands and pave land, while taxpayers may fund wetlands elsewhere and retention basins. Local letters accuse City Hall and engineers of short-sighted planning and tax overreach. A second letter critiques county transit proposals and long-term funding, urging residents to resist higher taxes amid calls for mass transit and federal aid.
MENTIONED IN THIS ARTICLE
North Ridgeville
Lorain Road
Bagley Road
City Hal
Ohio
City Hall
Lorain County
Oberlin
Wal-Mart
RTA
Amtrak
Congress
Open letter to President Obama on budget vision and education
A West College reader praises the budget proposal as a progressive reform aimed at universal childcare paid leave higher minimum wage and a one time tax on overseas profits while criticizing GOP opposition as protecting the rich. The writer urges stronger support for K-12 public education and condemns Pearson test focus and for profit charters as harmful to schools and students. The letter concludes with pride in supporting President Obama during his campaign and notes a local Congressional candidate.
MENTIONED IN THIS ARTICLE
Tam
Congress
Ohio
GOP
Thal
Obama
Paul Ryan
Sunday Morning News
Pearson
U.K
February 10 2015 Birthday and Olympic Night Chronicle
On this day notes include birthdays of Charles Lamb Boris Pasternak and Emma Roberts, the death of Arthur Miller tied to his 1949 Broadway debut, Peggy Fleming’s 1968 Olympic figure skating gold, a Queen Victoria and Prince Albert marriage note, and the lunar phase between Feb 3 full moon and Feb 11 last quarter.
MENTIONED IN THIS ARTICLE
Charles Lamb
Wilat ‘Alen White
Boris Pasternak
Jimmy Durante
Bertolt Brecht
Robert Wagner
Mark Spitz
Wimmer
Greg Norman
John Calipari
George ‘Stephanopoulos
Oday
Letters to the editor guidelines for The Chronicle Telegram
The Chronicle Telegram invites letters under 250 words and may edit for brevity accuracy and taste. Include signature full home address and telephone number for verification. Mailing address box 4010 Elyria OH 44036 fax 329 7282 attention Editorial Page Editor or email letters chroniclet com.
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Chronicle-Telegram
Elyria
Chroniclet.com
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IRS
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Matt Lundy
Ing
Gary Hrusch
Lorain County Transit
West
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Janet Garrett
Amet
Congres
Jim Ordan
Urbana
Arthur Miler
New York
Peggy Fleming
United States
Grenoble
France
Queen Victoria
Prince ‘Albert
Europe