Check Into Cash Committed to Serving Ohio Customers (PRWeb via Yahoo! News)
Posted on November 18th, 2008 | by admin |More info…
In the face of recent legislation which has limited financial options for Ohioans, Payday Advance pioneer, Check Into Cash, has modified its loan product offerings in order to continue serving its valued customers. Check Into Cash’s Payday Advance Loan product has been discontinued and replaced with a “Micro Loan” product, which follows the guidelines set forth in Ohio’s Small Loan Act.
Summary Box: Ohio payday lenders look for options (AP via Yahoo! News)
WHAT HAPPENED: Ohio voters upheld state law that caps annual interest rate on payday loans to 28 percent and limits the number of loans per customer to four a year.
St. Louis moves to limit payday loan stores (St. Louis Post-Dispatch)
ST. LOUIS While the nation’s money meltdown has made it difficult for even dependable borrowers to get credit, fast cash continues to be just a short walk away in some neighborhoods.
Defeated in Ohio, payday lenders look at other options to offer short-term loans (Minneapolis-St. Paul Star Tribune)
CINCINNATI – The payday loan industry stung at the Ohio ballot box with a strict new law is looking for other ways to do business, prompting consumer advocates to worry that lenders are finding a way around the election results.
OkeHampton Payday Loans Announces Non-Stop Service and Loan Amount Increase (PRWeb via Yahoo! News)
OkeHampton Payday Loans, located online at OkeHampton.net, recently launched their online payday loan website to assist more customers in obtaining cash on demand.
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