In June 2008, customer advocates celebrated whenever Governor that is former Strickland the Short- Term Loan Act. The Act capped yearly rates of interest on pay day loans at 28%. It given to various other defenses from the utilization of pay day loans. Consumers had another success in November 2008. Ohio voters upheld this brand new legislation by a landslide vote. Nevertheless, these victories had been short-lived. Continue reading Just just What must I realize about pay day loans?