Predatory financing is any financing training that imposes unjust or abusive loan terms for a debtor

Predatory financing is any financing training that imposes unjust or abusive loan terms for a debtor

By Melissa Martin

There are about 650 payday financing stores in Ohio—that’s 650 way too many I think. But search loan providers!

Additionally, it is any practice that convinces a debtor to just accept terms that are unfair misleading, coercive, exploitative or unscrupulous actions for a financial loan that the debtor does not require, does not wish or can’t afford..

A fresh loan that is short-term (House Bill 123) is able to get in place this thirty days. (more…)