Ohio’s brand new payday loan legislation has arrived

Ohio’s brand new payday loan legislation has arrived

By Melissa Martin

There are about 650 lending that is payday in Ohio—that’s 650 a lot of in my experience. But search loan providers!

“Predatory financing is any financing training that imposes unjust or abusive loan terms for a debtor. Additionally it is any practice that convinces a debtor to simply accept unjust terms through misleading, coercive, exploitative or unscrupulous actions for the loan that a debtor does not require, does not wish or can’t manage.” www.debt.org/.

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