Banning payday advances delivers hopeless borrowers running to pawn stores

Banning payday advances delivers hopeless borrowers running to pawn stores Until 2008, a cash-strapped consumer in Ohio looking for a fast, two-week loan from the payday lender will dsicover on their own spending a hefty cost. These unsecured short-term loans—often guaranteed with a post-dated check and seldom surpassing $500 at a go—carried yearly portion prices […]