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Ohio Supreme Court Overturns Cleveland's Predatory Lending Law

The Plain Dealer reports that the Ohio Supreme Court has overturned a Cleveland law aimed at curbing predatory lending. The Court found that the law was unconstitutional because it prohibited loans that would be permitted by Ohio law in other cities. The state has its own, less restrictive, lending regulations.

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This page contains a single entry from the blog posted on November 22, 2006 1:55 PM.

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