http://www.cashbeforepayday.org/how-pay-advances-work/pay-advance-why-we-need-pay-day-advances/ Discover more about Cash Before Payday Loans Sun, 20 May 2012 15:34:21 +0000 http://wordpress.org/?v=abc http://www.cashbeforepayday.org/how-pay-advances-work/pay-advance-why-we-need-pay-day-advances/#comment-12255 Bobby Mon, 06 Oct 2008 14:17:55 +0000 http://www.cashbeforepayday.org/how-pay-advances-work/pay-advance-why-we-need-pay-day-advances/#comment-12255 Payday lending traps over 300,000 Ohioans in debt every year. According to the industry's own researchers, the average borrower ends up in a cycle of debt for approximately 18 to 24 months. We need to reform this type of reckless and predatory lending in Ohio. Vote yes on issue 5! A yes vote on issue 5 will lower interest rates from 391% APR to 28% APR. A yes vote on issue 5 will end the debt trap for thousands upon thousands of hardworking Ohioans. Vote yes on issue 5! Payday lending traps over 300,000 Ohioans in debt every year. According to the industry’s own researchers, the average borrower ends up in a cycle of debt for approximately 18 to 24 months. We need to reform this type of reckless and predatory lending in Ohio. Vote yes on issue 5! A yes vote on issue 5 will lower interest rates from 391% APR to 28% APR. A yes vote on issue 5 will end the debt trap for thousands upon thousands of hardworking Ohioans. Vote yes on issue 5!

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