As Payday Loan Marketplace Changes, States Have To React

As Payday Loan Marketplace Changes, States Have To React

Ohio’s Fairness in Lending Act is really a model that is good reforms

State lawmakers must be from the alert: Big modifications are underway within the pay day loan market, some of which will soon be harmful to borrowers and socially responsible lenders. Longer-term, high-cost payday and automobile title installment loans have spread significantly as businesses diversify their company models so as to reduce reliance on old-fashioned pay day loans. (more…)

Search
Recent Comments
    Categories