200 shops will run under Ohio’s stricter payday lending legislation

Friday Payday financing as Ohio has understood its over — but short-term financing is maybe perhaps maybe maybe not going away. A law that is new impact Saturday with stricter limitations on interest and charges, plus installment payment demands, all built to avoid getting desperate borrowers stuck in a financial obligation trap. Whenever finalized by then-Gov. John Kasich on July 30, the...
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