Report states the payday lending industry actively encourages repeat borrowing
By William Kincaid
More than 2,000 residents in Auglaize and Mercer counties are trapped in payday lending debt cycles, according to reports from the Ohio Coalition for Responsible Lending.
The recently released report shows that in 2006, 1,230 payday borrowers in Auglaize County paid a total of $1.23 million in loan fees, and 820 payday borrowers in Mercer County paid $820,565 in loan fees. [More]
Versailles' Justine Raterman was rewarded for a strong senior season by being named the Midwest Athletic Conference's Volleyball Player of the Year by the conference coaches during their selection meeting for all-conference honors.
The 6-2 middle hitter/setter was fourth in the Grand Lake area with 3.75 kills per game and led the area with 2.23 blocks per game. Raterman was also recording 4.48 assists per game for the Tigers, who finished 22-2 and 7-2 in the MAC this season. [More]