Most recently, we are beginning to fund Credit Union Service Organizations, which seek to provide short-term lending solutions to credit union members at more competitive prices than traditional payday lenders do. The legislation currently being considered in Ohio is pretty restrictive (28% apr, 30 day term, 4 loans per year) if it gets passed into law will any Payday loan company survive? A responsible lender is that lender who loans no more than a reasonable person could expect to repay in two to six weeks, to someone who does not have an unusually large number of other loans outstanding, at a rate permitted by law (or the market) where the lender makes an appropriate risk-adjusted return. A responsible borrower is that borrower who understands these loans are intended for emergencies, who have chosen to enter into the transaction because cheaper alternatives were not available, who will alter their budget accordingly in order to pay back the loan on time, and will not claim they are a