Ohio Payday Lenders High that is still charging Rates Report Finds

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Ohio Payday Lenders High that is still charging Rates Report Finds

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March 10, 2009 6 47 a.m.YOUNGSTOWN, Ohio — a fresh research of this payday financing industry with a nonprofit team finds loan providers continue to be recharging excessive rates of interest — legitimately — despite legislation that attempted to cap prices at 28%.

Loan providers in 81 Ohio counties offer loans that are short-term do not adhere to the objectives designed for legislation passed in 2008, the Housing analysis & ...

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