Exactly What can I know about pay day loans? In June 2008, customer advocates celebrated whenever previous Governor Strickland finalized the Short- Term Loan Act. The Act capped interest that is annual on payday advances at 28%. It given to many defenses in the utilization of pay day loans. Customers had another triumph in November 2008. Ohio voters upheld this brand new legislation by a landslide vote. Nevertheless, these victories had been short-lived. The cash advance industry quickly developed techniques…