Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Will A New Law Finally Solve Ohio's Payday Lending Puzzle?

 

January 2, 2019



New regulation promises to make a dangerous option viable for those in need of credit.

Bob Miller did what many struggling Ohioans do when faced with a cash crisis: He got a payday loan. Three years ago, after successfully paying off two other short-term loans, the Newark resident decided to get a third, securing $600 from an online lender to cover a car payment.

http://www.columbusceo.com/business/20181231/will-new-law-finally-solve-ohios-payday-lending-puzzle


 

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