Nine years after Ohio lawmakers and voters approved restrictions on payday loan fees for short-term loans, those fees are now the highest in the country. Ohio’s 2008 Payday Loan Act was ineffective. The question now is whether the legislature is ready to deal with it. Lenders avoided the law’s 28Read More →

A PAYDAY loan broker who got her at-risk customers to borrow nearly £ 15,000 and hand over the money to her has been jailed. Marivic Balmer, 47, worked for Provident Personal Credit, based in Basildon, from 2008, visiting customers in their townhouses to collect debts, provide advice, and approve newRead More →