Friday, April 24, 2020

Ohio's Payday Lending Regs May Inform Other State Efforts

PolitiFact

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A cash advance allows you to use your credit card to get a short-term cash loan at a bank or ATM. Unlike a cash withdrawal from a bank account, a cash advance has to be paid back — just like anything else you put on your credit card. Think of it as using your credit card to buy" cash rather than goods or services.

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