Let me make it clear about 200 shops will run under Ohio’s stricter payday lending legislation
Let me make it clear about 200 shops will run under Ohio’s stricter payday lending legislation Payday financing as Ohio has understood it really is over — but short-term financing is perhaps maybe maybe not going away. A brand new law takes impact Saturday with stricter limitations on interest and charges, plus installment payment needs, all built to avoid getting desperate borrowers stuck in a financial obligation trap. When finalized by then-Gov. John Kasich on July 30, the payday industry…