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Payday loans may help, but at what price? – Hamilton Journal News (subscription)

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Payday loans may help, but at what price?
Hamilton Journal News (subscription)
He said the Ohio Department of Commerce's Office of Finance directed lenders to make loans under the law, which allows lenders to earn about $27 for each $200 loaned in a 14 to 30 day period, Traynor said. Interest accrues about 18 cents a day after 14 ...

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