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The brand new pay day loan law is way better, however the difficulty continues to be: rates of interest nevertheless high

The brand new pay day loan law is way better, however the difficulty continues to be: rates of interest nevertheless high

Turn sound on. The Long, Hard Road, we look at the institutions and inequities that keep the poor from getting ahead in the third installment of our yearlong project. Cincinnati Enquirer

Editor’s note: this can be an excerpt that is edited the following installment regarding the longer, intense path, an Enquirer special project that comes back Thursday on Cincinnati.

Nick DiNardo appears within the stack of folders close to their desk and plucks out the only when it comes to solitary mom he came across this springtime.

He remembers her walking into their workplace during the Legal help Society in downtown Cincinnati having a grocery bag filled up with papers and a whole story he’d heard at the very least one hundred times.

DiNardo starts the file and shakes his mind, searching within the figures.

Cash advance storefronts are typical in bad communities because the indegent are the most very likely to utilize them. (Picture: Cara Owsley/The Enquirer)

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