Sentences with phrase «lending under other laws»

The industry switched to lending under other laws which was upheld by the courts and not corrected by the Ohio legislature.

Not exact matches

Similarly, under the financial reform law enacted after the financial crisis, we publicly report in detail on our lending programs and securities purchases, including the identities of borrowers and counterparties, amounts lent or purchased, and other information, such as collateral accepted.
Lenders have circumvented Ohio legislation designed to limit payday lending, and have begun operating under laws intended for other purposes.
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