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Ohio’s brand new payday loan legislation gets into impact Saturday.

Ohio’s brand new payday loan legislation gets into impact Saturday.

Tony Huang, CEO of potential Finance, showing the software that customers use — come Saturday, if the business starts running in Ohio — to have and repay short-term loans.

COLUMBUS, Ohio – A new loan that is short-term that switches into effect Saturday is targeted at closing the rounds of financial obligation Ohioans could possibly get into when a little loan snowballs with costs and interest and becomes impractical to repay. (more…)