Payday lending reform eyed in Lorain County study
A study by the Ohio Coalition for Responsible Lending finds Lorain County has 6150 residents unable to pay payday loans, with 12.6 loans per borrower yearly. It notes a proposed cap of 36 percent and bills by Rep Batchelder and Rep Lundy to curb rates and extend repayment time while preserving access for low income borrowers.
MENTIONED IN THIS ARTICLE
Elyria
Lorain County
Ohio Coalition For Responsible Lending
Paul Bellamy
Equal Justice Foundation
Coalition
Bellamy
Bill Faith
Coalition On Homelessness and Housing
Ohio
Faith
Coalition For Responsible Lending
William Batchelder
R-Medina
Matt Lundy
D-Elyria
Lundy
Batchelder
Tom Allie
Diocesan
Social Action Office
Cleveland
Oil prices ease after intraday highs amid Iraq Turkey tensions
Oil futures slipped from a record around 89 a barrel as government data showed larger crude and gasoline inventories. The Energy Information Administration reported a 1.8 million barrel crude stock rise and a 2.8 million barrel gasoline increase while Turkey eyed potential action in northern Iraq. November crude settled at 87.40 a barrel and gasoline at 2.1466 a gallon after volatile trading fueled by Turkish parliament approval and an Exxon refinery incident in Montana.
MENTIONED IN THIS ARTICLE
New York
Iraq
Turkey
Montana
Energy Department
International Energy Agency
Organization of Petroleum Exporting Countries
Tim Evans
Citigroup Inc
Nymex
The
Energy Information Administration
Lyst
Alaron Trading Corp
Chicago
EIA
Turkey News
Exxon
Apple Allows Third-Party Apps On iPhone
Apple chief executive Steve Jobs announced on Apple's site that third party applications will be allowed to run directly on the iPhone. The move follows a September update that disabled unofficial programs and sets a February software development kit for coders to create iPhone and iPod Touch apps.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Apple Inc
Steve Jobs
Apple
Jobs
Safety program awards 857000 to local businesses
The Ohio Bureau of Workers Compensation paid more than 857000 to 136 Lorain County firms in the Lorain County Safety Council program. Recipients received about 4 percent of their paid premiums as rebates to reinvest in the community, hires, raises, or safety upgrades. Next year rebates drop to 2 percent with higher safety standards. The Chronicle-Telegram participated.
MENTIONED IN THIS ARTICLE
Elyria
Lorain County
Ohio Bureau of Workers Compensation
Lorain County Safety Council
Lorain County Chamber of Commerce
Workers Compensation Bureau
Tony Gallo
Gallo
Chronicle-Telegram
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Brad Dicken
the Chronicle-Telegram
Comition ‘of Homelessness and Housing
Bdicken
Chroniclet.com
Dow Jones
Phil Flynn
Ana
Mobil Corp
Union City
Low
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Dow Industrals
Dow Transportation
Dowlin
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Russell
Wilshire
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Oracle
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United NY
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New York Mercantile Exchange
CBOT
Chicago Board of Trade
CME
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Coprissa
E.ra
Jamesican
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