(Source: Sherrod Brown) Monday, June 16, 2014 WASHINGTON, D.C. - Following last week's ruling by the Ohio Supreme Court that undermined laws to protect Ohio consumers from predatory loans, U.S. Sen. Sherrod Brown (D-OH) announced new efforts to ensure that borrowers are protected from predatory payday loan companies. Brown was joined at the Ohio Poverty Law Center by Maya Reed, a Columbus resident who worked as a financial services manager at a local payday lender. Reed discussed tactics used by payday lenders to harass low-income consumers who took out short-term loans to help make ends meet. "Hardworking Ohio families shouldn't be trapped with a lifetime of debt after accessing a...
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