Superior credit union offers alternative to payday loans...

After five years of fighting for state regulations on predatory lending, Superior leaders might have found a solution to help break the downward spiral of payday loans.

By January, Superior Choice Credit Union will be offering Good Money loans, a product similar to a payday loan at half the price.

“It’s a great private-sector answer to predatory lending,” said Superior Mayor D...

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Defeated in Ohio, payday lenders look for options...

CINCINNATI -- The payday loan industry - stung at the Ohio ballot box with a strict new law - is looking for other ways to do business, prompting consumer advocates to worry that lenders are finding a way around the election results.

Lenders are focusing more on services like pawn brokering and gold buying, and some are applying for licenses under other Ohio loan laws. Consumer advocates ...

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