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Justice French noted, however, that no loan providers are now registered under the STLA. Instead, lenders making payday loans in the state are mostly registered under the MLA or another loan act. In its decision, the Ninth District ruled that the General Assembly intended, when it repealed the check-cashing law and passed the STLA, to bar any payday loans.
Justice French pointed out that [p]ursuant to R. 1321. 36(A), no person may make a short-term loan to an Ohio borrower without first obtaining an STLA license, but R.
All product and service options subject to change without notice. Cash advances subject to applicable lender's terms and conditions. Iberia bank personal loans by the California Department of Business Oversight pursuant to the California Deferred Deposit Transaction Law. California loans other than deferred deposit loans are issued pursuant to the California Finance Lenders Law. Principal address 7755 Montgomery Road, Suite 400, Cincinnati, OH 45236.
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