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Sherrod Brown, United States Of America Senator for Ohio

Sherrod Brown, United States Of America Senator for Ohio

Brown joined up with Columbus Resident Who Worked As A Financial solutions Manager In Payday Loan business the amount of Payday Loan Stores Now Exceeds the Amount that is combined of and Starbucks in america

WASHINGTON, D.C. – Following last week’s governing because of the Ohio Supreme Court that undermined laws and regulations to guard Ohio customers from predatory loans, U.S. Sen. Sherrod Brown (D-OH) announced brand brand brand new efforts to make sure that borrowers are protected from predatory loan that is payday. Brown had been accompanied during the Ohio Poverty Law Center by Maya Reed, a Columbus resident whom worked as being an economic solutions manager at a regional payday loan provider. Reed talked about strategies utilized by payday loan providers to harass low-income customers whom took away short-term loans to make ends satisfy.

“Hardworking Ohio families shouldn’t be trapped with an eternity of debt after accessing a short-term, small-dollar loan, ” Brown stated.