Ohio Maximum Loan Rates
Date: Wed, 04/12/2006 - 12:35
Is anyone aware of the maximum amount of interest, charges, renewal fees, etc. that a payday loan company can charge per $100 lended in the state of Ohio? Is $30 fee per $100 lended per pay period legal?
Boy, Do a google search for the Ohio Division of Financial In
Boy,
Do a google search for the Ohio Division of Financial Institutions and you can get the information on their website. It lists fees, origination fees, length of loans, etc. You can also get a copy of the Ohio Check Cashing Loan Act which describes the loan laws in detail. You can also check to see if a pdl company is licensed in Ohio to do business.
