Payday Lending Industry Falls Short
Posted: 10:49 am EDT September 24,2008Updated: 11:03 am EDT September 24,2008
The payday lending industry had hoped to get the issue of how much interest they could charge customers on the November ballot.Ohio Secretary of State Jennifer Brunner said the industry fell about 56,000 valid signatures short of the amount needed to place the issue on the ballot.The industry now has 10 days to make up the difference.
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