Ohio’s past efforts to crack down on short-term, high-interest lenders largely failed, but payday industry critics expressed hope on Wednesday that new federal regulations will help low-income consumers avoid getting caught in a debt trap.
The Columbus Dispatch Business Feed, Columbus Dispatch Business
Wed, 04/01/2015 - 4:31pm
Ohio’s past efforts to crack down on short-term, high-interest lenders largely failed, but payday industry critics expressed hope on Wednesday that new federal regulations will help low-income consumers avoid getting caught in a debt trap.