Category: Payday Loan

Unlike several neighboring states, Ohio rules on payday lenders fall short in keeping the high interest payday loans at bay. Ohio did crack down on high interest, short term loans in 2008 by making them illegal, but really did not do much of a job enforcing the law and instead of them going away these loan …

loans, and many  companies are using the term fast short term loans to sell these. By renaming these loans, the companies can get them to fit into the usury laws of most states. Companies are now turning the the net to write these loans. Unfortunately it is hard to tell the difference between these  and payday …