A Springfield pastor is seeking support from other local faith leaders on a bill that would change payday lending laws in Ohio, an industry he says harms the working poor. Central Christian Church ...
Payday loans seem like a convenient way to get some extra cash when you need it most before your next check arrives, but that convenience could come at a higher cost than you anticipated. These loans ...
In 2008, Ohio approved the Short-Term Loan Act, which limited the interest rate on payday loans to 28 percent. Prior to this, payday loans charged upward of 300 percent in interest and fees. Now, ...
The Springfield News-Sun has tracked the debate over the payday loan industry and its affects on residents for several years, including stories digging into the fees and new laws. Fees charged by the ...
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