Keys for Collateral: how loans that are auto-title become another car for payday financing in Ohio

Keys for Collateral: how loans that are auto-title become another car for payday financing in Ohio

Loan providers have actually circumvented Ohio legislation built to restrict payday financing, and have now started running under legislation designed for other purposes. These loans place families that are struggling chance of losing the cars they be determined by due to their livelihood.

Policy issues has carried out research on payday financing in Ohio during the last 5 years. Continue reading “Keys for Collateral: how loans that are auto-title become another car for payday financing in Ohio”