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Just Just Just How Payday Lenders Escape State Crackdowns

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Need money fast? Hope you don’t mind a yearly rate of interest of almost 700 per cent.

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In 2008, payday loan providers suffered a significant beat whenever the Ohio legislature banned high-cost loans. That exact same 12 months, they destroyed once more if they dumped a lot more than $20 million into an attempt to roll right right back what the law states: the general public voted against it by almost two-to-one. Read More