Loophole hurts loan that is payday in Ohio

March 17, 2020

Despite 2008 reforms, Ohioans continue steadily to pay probably the most loan that is expensive in the nation, Pew Charitable Trust research programs.

Numerous of economically vulnerable Ohioans just take out high-cost, predatory loans every year. These loans have interest levels so high that borrowers may not be in a position to spend them straight straight back, trapping numerous borrowers in an unending cycle of financial obligation. Continue reading “Loophole hurts loan that is payday in Ohio”