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The Housing Research & Advocacy Center works to eliminate housing discrimination and assure choice in Northeast Ohio by providing those at risk with effective information, intervention and advocacy.
| Payday Lenders Operating in 81 Ohio Counties, Charging Up to 680% Interest |
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Payday lenders have avoided the 28% rate cap set out in the 2008 legislation by obtaining licenses to make loans under other Ohio Laws. Lenders now operate 1,020 stores statewide.
Read the full Press Release Read the full report: The New Face of Payday Lending in Ohio |