There's a lot of good information on the Payday Pundit website, and good links as well such as this one to the testimony of Professor Tom Lehman testifying before the Ohio General Assembly in May:
Unfortunately the Ohio legislature ignored Professor Lehman and passed HB545 anyway, which bans payday loans by requiring that they be offered for a fraction of the cost of supplying them. Hopefully the voters in Ohio will overturn the bill.
Payday Pundit Comment
The "Payday Pundit" commented on your article at:
http://paydaypundit.org/2008/07/28/whos-missing-from-the-payday-loan-deb...
There's a lot of good information on the Payday Pundit website, and good links as well such as this one to the testimony of Professor Tom Lehman testifying before the Ohio General Assembly in May:
http://www.buckeyeinstitute.org/article/1128
Unfortunately the Ohio legislature ignored Professor Lehman and passed HB545 anyway, which bans payday loans by requiring that they be offered for a fraction of the cost of supplying them. Hopefully the voters in Ohio will overturn the bill.