Payday lenders use loopholes to survive (Dayton Daily News)
Posted on September 25th, 2009 | by admin |More info…
Payday lenders use loopholes to survive
Ohio legislators considering another crackdown on payday lending (89.7 WKSU)
Last year, Ohio legislators thought they’d passed a new law that would stop payday loan stores from charging what was called a sky-high interest rate on the short-term loans. Ohio voters thought the same thing when they ratified the new law at the ballot box. Now, though, hundreds of the stores are continuing to charge about the same amount as before. That is prompting some lawmakers to call for …
Lawmakers To Fight High Interest Payday Loans (WHIO-TV 7 Dayton)
Lawmakers will meet this week to try and stop payday lenders from continuing to charge high interest on loans.
Payday lender punished: The Real Deal (WSYR 9 Syracuse)
If you’ve ever used a payday lender, you know in the end you normally wind up paying double what you borrow. The Federal Trade Commission is now cracking down on…
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