Wise Counsel:
Credit counselors cite

perils of payday lending

 

A recent survey of Ohio credit counselors found that these accredited professionals are deeply concerned about the costs of payday loans to their clients. The responses, summarized in a new report from Policy Matters Ohio, revealed a consistent conclusion that payday loans are harmful to low- and middle-income working families.

 

Press Release

 

Full Report

 

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 Fair Use Notice

 

Report urges reduced usury rate for payday loans

Dayton Daily News, October 15, 08

 

Payday loans no help, credit counselors say

The Columbus Dispatch, October 16, 08

 

 

10/14/2008

 

Policy Matters Ohio
Cleveland Office:
3631 Perkins Avenue - Suite 4C-East, Cleveland, OH 44114
   Phone: (216) 361-9801 Fax: (216) 361-9810

Columbus Office: 300 East Broad Street, Suite 490, Columbus, OH 43215
   Phone: (614) 221-4505 Fax: (614) 224-8132

 

Contact Policy Matters: staff AT policymattersohio.org

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