• Two points need to be clarified in an article in Sunday’s paper titled
• Two points need to be clarified in an article in Sunday’s paper titled “Pawnbrokers: Rules would spawn layoffs, closings, owners say.” The article stated that someone who takes out a $100 loan with a pawnbroker would owe $127 after 90 days. That would cover the total cost, including paying the principal with fees and interest. The article details attempts in Congress to further restrict interest that pawnbrokers charge. Lou Tanksy, president of the Ohio Pawnbrokers Association, said he is not supporting alternative legislation that would target payday lenders. That support is being offered by savemypawnshop.com, which is organizing pawnshop owners and customers to fight the changes.
• Jerry Noark is the father of Thomas Noark, 8, who was pictured on Page B2 in Tuesday’s editions looking at bicycles put up for auction by Boardman Township trustees. The father’s first name was incorrect in the photo caption.
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