Ohio payday lenders assailed (The Toledo Blade)
Posted on October 1st, 2009 | by admin |More info…
By JON CHAVEZ BLADE BUSINESS WRITER So-called payday lenders in Ohio are “deliberately circumventing” a law passed a year ago to cap loan interest rates and provide other protections, according to a state consumer advocacy group. In its 12-page report released yesterday, Policy Matters Ohio maintains that most payday lenders are not operating under a law to regulate them and instead are lending …
Ohio Attorney General supports bill that would close payday loopholes (WFMJ Youngstown)
Attorney General Richard Cordray is tackling the loopholes in Ohio’s payday lending laws.
Payday lenders exceeding legal interest rates (The Oxford Press)
COLUMBUS – Some payday lenders continue to make loans at triple-digit interest rates, despite laws passed last year aimed at reining in the practice, according to a report issued Tuesday, Sept.
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