In June 2008, in response to excessively high payday lending interest rates, the Ohio Legislature passed House Bill 545, the Short Term Lender Law. HB 545 capped interest rates at 28% APR, down from 391%, on all short-te - Down House - Document - PDFSEARCH.IO

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	In June 2008, in response to excessively high payday lending interest rates, the Ohio Legislature passed House Bill 545, the Short Term Lender Law. HB 545 capped interest rates at 28% APR, down from 391%, on all short-te Add to Reading List Document Date: 2010-05-03 14:33:11 Open Document File Size: 230,03 KB Share Result on Facebook Company NCP Finance Ohio LLC / The Columbus Dispatch / House Bill 545 / / Currency USD / / Organization General Assembly / Same Old High Interest Credit Services Organization / Ohio Legislature / / Position HB / / ProvinceOrState Ohio / / PublishedMedium The Columbus Dispatch / / SocialTag Debt Economics Banking Personal finance Mortgage industry of the United States Payday loan Loan Credit Origination fee Financial economics

In June 2008, in response to excessively high payday lending interest rates, the Ohio Legislature passed House Bill 545, the Short Term Lender Law. HB 545 capped interest rates at 28% APR, down from 391%, on all short-teAdd to Reading List