Ohio Law and pay day lenders
Date: Tue, 05/21/2013 - 16:34
By law are payday lenders obligated to offer extended payment plans to customers in Ohio who ask for them?
Who are your lenders? Online
Who are your lenders? All lenders including online lenders must be licensed in Ohio!
If your lenders are licensed
If your lenders are licensed and registered with the state, they are pretty much legal. If your lenders are CFSA members, they are obligated to give you one EPP per year. To find out if your lenders are CFSA member, just check their website and look for the badge. It should be on their homepage.
or you can look them up here
or you can look them up here - Ohio Division of Financial Institutions - http://www.com.ohio.gov/fiin/elicense.aspx