Download Press Release (2 pp) Read the Letter Urges Support for Durbin-Cartwright bill; Strong CFPB Regulations Frustrated by an industry that dodges regulations while continuing to trap consumers in a cycle of debt, COHHIO and partners of the Ohio CASH Coalition are calling for federal action to curb payday lending
Policy liaison Kalitha Williams discusses the adverse impact nefarious lenders can have on poor families.
Ohio CASH 2nd Quarter Meeting Follow-up The June 19 Ohio CASH quarterly meeting discussed crucial advances and setbacks in county, state, and Supreme Court action related to helping low-income families save. Ken Surratt of the Cuyahoga County Savings Plan discussed the county’s groundbreaking work in starting a college savings plan
Kalitha Williams testifies in support of a resolution before Cuyahoga Falls City Council that urges state policymakers to enforce payday lending laws and to repeal legislation preventing local communities from protecting residents.
Kalitha Williams to the House Commerce, Labor, and Technology Committee on House Bill 253
Founded in 1975, the federal earned income tax credit (EITC) is our nation’s most effective antipoverty program. Annually, it lifts over 6 million families out of poverty, half of whom are children. The program has traditionally had bipartisan support and rewards work, because only families with earned income can claim
This interactive map of tax preparation services around Ohio helps families connect to free assistance, avoid the unnecessary expense of paid preparers, and keep more of their tax refunds.
Despite an improving national economy, 44.7% of Ohio households are in a persistent state of financial insecurity. The number of households with little or no savings to cover emergencies or to start building a better life has slightly increased from last year, and state policies are doing little to improve
Ohio CASH stands for Creating Assets, Savings and Hope, and is a project of Policy Matters Ohio.
Existing federal and state regulations governing the debt settlement industry are working, rendering the proposed legislation unnecessary and even harmful to Ohio consumers. Passing HB 173 will hurt the financial stability of Ohio working families, drive borrowers deeper into debt, and increase risks of bankruptcy.
Join us at 10 a.m EST on Tuesday, May 21, 2013. Register here. Tom Feltner of the Consumer Federation of America and David Rothstein of Policy Matters Ohio will co-facilitate the webinar Keys as Collateral: Auto-tile Lending Industry and its impact in Ohio. The webinar will cover this newest form
The Growing Problem of Payday Lending in Ohio
Policy liaison Kalitha Williams discusses the adverse impact nefarious lenders can have on poor families. First published in the Columbus African American News Journal, August 2014 edition.