Sen. Brown: Protecting Ohioans From Predatory Payday Lenders
July 31, 2021
July 31, 2021
WASHINGTON, July 31 -- Sen. Sherrod Brown, D-Ohio, issued the following newsletter:
Too many Ohioans fall prey to payday and car title lenders that trap them in a cycle of debt.
Corporations refuse to pay their workers enough to pay the bills, and the big banks won't make small-dollar loans to help people with unexpected expenses - so Ohioans are forced to turn to these predatory lenders.
These loans saddle borrowers with interest rates that regularly . . .
Too many Ohioans fall prey to payday and car title lenders that trap them in a cycle of debt.
Corporations refuse to pay their workers enough to pay the bills, and the big banks won't make small-dollar loans to help people with unexpected expenses - so Ohioans are forced to turn to these predatory lenders.
These loans saddle borrowers with interest rates that regularly . . .