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Research & Policy
Policy Matters Ohio

Wise Counsel: Credit Counselors Cite Perils of Payday Lending

October 14, 2008

Wise Counsel: Credit Counselors Cite Perils of Payday Lending

October 14, 2008

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.

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2008Consumer Protection & Asset BuildingDavid Rothstein

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