Want cash fast? Hope you don’t mind an interest that is annual of almost 700 per cent.

Want cash fast? Hope you don’t mind an interest that is annual of almost 700 per cent.

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In 2008, payday loan providers suffered a significant beat whenever the Ohio legislature banned high-cost loans. That exact same year, they destroyed once again if they dumped a lot more than $20 million into an attempt to move right back what the law states: the general public voted against it by almost two-to-one. Continue reading