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Elevate Describes Why Ohio Payday Law Won’t Hurt Them

Elevate Describes Why Ohio Payday Law Won’t Hurt Them The Fairness in Lending Act will shut a loophole that payday loan providers have used to bypass the state’s 28 per cent optimum APR on loans. “We don’t believe this legislation need a product effect on our company for two reasons,” Rees stated regarding the earnings call. “First, what the law states would just influence our INCREASE product…and we think we are able to migrate the majority of our INCREASE customers...

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