Payday Pundit » Lisa Ferguson http://paydaypundit.org News and Information About The Payday Lending Industry Wed, 22 Dec 2010 18:34:53 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Do Ohio credit unions offer cheaper short-term loans? http://paydaypundit.org/2008/03/01/do-ohio-credit-unions-offer-cheaper-short-term-loans-not-clear/ http://paydaypundit.org/2008/03/01/do-ohio-credit-unions-offer-cheaper-short-term-loans-not-clear/#comments Sun, 02 Mar 2008 06:09:21 +0000 Payday Pundit http://paydaypundit.org/?p=15 The story below describes how credit unions in Ohio are getting into the short-term loan business.   One credit union is offering an 18% loan, BUT with a $35 sign-up fee.  The reporter didn’t bother to calculate the total cost of that type of loan compared to a payday advance.  Lisa Ferguson of Checksmart Financial, a CFSA board member company, is quoted giving the industry point of view.   

http://www.springfieldnewssun.com/hp/content/oh/story/news/local/2008/03/01/sns030208loans.html

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