Battle Brews Over Bill Set to Protect People From Ohio Pay Day Loans

Battle Brews Over Bill Set to Protect People From Ohio Pay Day Loans

A battle is brewing over payday lending in Ohio. There are many more than 650 storefronts when you look at the state nevertheless the industry contends that a brand new bill threatens to shut them straight down. Nevertheless, customer advocates state payday financing happens to be skirting around state legislation for a long time to victim on desperate borrowers.

“It just snowballed so very bad and I also couldn’t move out of this opening.”

Denise Brooks, a mother that is single Cincinnati, had been hopeless to cover her motor insurance bill. Continue reading