They put restrictions on check cashing and payday loan stores. Here’s the update in the Dayton Daily News.
Posted on 25 April 2008.
They put restrictions on check cashing and payday loan stores. Here’s the update in the Dayton Daily News.
Posted in Dayton Daily News, industry, local issues, media coverage, Ohio, regulation, statesComments (1)
Posted on 24 April 2008.
Another city council in Ohio is considering a “moratorium” on payday lending. According to this article, the city of Xenia would halt licenses for check cashers and payday lending stories for a year. Darryl Dever, a lobbyist for the state association, defends the industry:
“They are reacting to the emotional side of sensational claims people throw out there,” Dever said. “People make a conscious decision to use this product.”
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