Xenia, OH city council did it
April 25, 2008 | Dayton Daily News, Ohio, industry, local issues, media coverage, regulation, states | Comments (1)They put restrictions on check cashing and payday loan stores. Here’s the update in the Dayton Daily News.
What’s with city councils in Ohio?
April 24, 2008 | Dayton Daily News, Ohio, industry, local issues, media coverage, regulation, states | Comments (0)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.”
