Consumer Financial Protection Bureau

Many payday lenders could go out of business if rules made final this week by the Consumer Financial Protection Bureau go into effect. But the changes face stiff headwinds from Republicans in Congress.

One new rule would require payday and auto title lenders to determine whether a borrower can afford to repay in full within 30 days. That could thwart a business model that consumer advocates say relies on the rollover of unpaid loans with the accumulation of exorbitant fees and interest rates of 300 percent or more.

Ohio Public Radio

There was a lot of hype built around Rich Cordray’s visit to Cincinnati to speak to labor groups.


In Cleveland Thursday, former Trump campaign manager Corey Lewandowski ducked questions about his motives for attacking the head of the Consumer Financial Protection Bureau - who is considering a run for Ohio governor.  

Karen Kasler

The head of the federal Consumer Financial Protection Bureau is  talking about the role he hopes the agency continues to play up to and after the November  election. 

Ohio 10th Nationally In Student Loan Defaults

Oct 21, 2013

Ohio's student loan default rate is among the 10 highest in the country with nearly 30 thousand people defaulting on federal loans they were supposed to start repaying in 2010.