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Columbus Dispatch, Saturday, May 10

05/13/2008
Guest column by Saul Adelman (finance) says Ohio House Bill 545, which is headed for debate in the Ohio Senate, should not be approved. Adelman says the bill, which would cap the annual interest rate for payday loans at 28 percent, supposedly would help individuals who opt to use payday-loan services but is a populist bill that ignores reality and would result in the opposite happening.

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