The Ohio Legislature Got Cash Advance Reform Appropriate
The Ohio Legislature Got Cash Advance Reform Appropriate The strong bipartisan reform measure recently passed by the Legislature after more than a decade of waiting, Ohioans will finally see affordable small loans—thanks to the Fairness in Lending Act. The brand new legislation effective today is one of consequential and balanced pay day loan reform enacted by any state. It achieves three fundamental objectives: affordable re payments, reduced rates, and reasonable time and energy to repay. Whenever loans granted under previous…