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Alert: The Ohio Supreme Court holds that a loan provider will make short-term, single-installment loans beneath the Ohio home mortgage Act, effortlessly making the greater amount of restrictive Short-Term Loan Act a “dead page.”

Суббота, 6 февраля 2021

Alert: The Ohio Supreme Court holds that a loan provider will make short-term, single-installment loans beneath the Ohio home mortgage Act, effortlessly making the greater amount of restrictive Short-Term Loan Act a “dead page.”

The Ohio Supreme Court resolved problem exposed by the Ninth District Court of Appeals of Ohio: can real estate Loan Act (“MLA”) registrants make single-installment loans? The Ohio Supreme Court unanimously held that, yes, MLA registrants may make such single-installment loans irrespective of the requirements and prohibitions of the Short Term Loan Act (“STLA”) in Ohio Neighborhood Finance, Inc. Читать новость полностью…


 
 
   
 

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