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Just How Payday Lenders Bounce When Stat...

Just How Payday Lenders Bounce When States Crack Down In state after suggest that has attempted to ban payday and comparable loans, the industry has discovered techniques to continue steadily to peddle them. (PICTURE: THOMAS HAWK/FLICKR) In 2008, payday loan providers suffered a defeat that is major the Ohio legislature banned high-cost loans. That exact same 12 months, they lost once again if they dumped significantly more than $20 million into an attempt to move right straight back what the law states: the general public voted against it by almost two-to-one. But 5...