Payday Lending “Reform” in Ohio Only Will Dry Up These loans that are needed

Payday Lending “Reform” in Ohio Only Will Dry Up These loans that are needed

The couple that is past of, Pew Charitable Trusts — an advocacy group, not to ever ever be mistaken for the Pew Research Center — has orchestrated a campaign to quash the financing industry this is certainly payday. Their playbook closely aligns with this particular linked to the Center for Responsible Lending as well as federal consumer Financial Protection Bureau.

The approach isn't hard: circulate information that is misleading scare everybody else; and employ the government to micromanage individuals life.

Simply last four weeks, Pew praised Ohio legislators for moving a bill that is fresh from committee. (more…)

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