Lenders Thwart Ohio Law Designed To Limit High Interest on Payday Advances

Lenders Thwart Ohio Law Designed To Limit High Interest on Payday Advances CINCINNATI В— An Ohio legislation meant to cap interest rates on payday advances at 28 % happens to be thwarted by loan providers that have found techniques to charge as much as 680 per cent interest, based on lawmakers who are planning a…