Legal Question in Civil Rights Law in Ohio

payday loan from 3 years ago

I took out a loan from a payday lender for around 400 dollars about 3 years ago . within the last few week ive been getting calls from a lawer in new yourk saying I now owe close to 2000 and 3000 in legal fees if its not paid immediatly, is it legal to add such intrest and impossible high payments


Asked on 5/21/09, 8:05 pm

1 Answer from Attorneys
Edward DiCato Edward DiCato Attorney at Law

Re: payday loan from 3 years ago

Interest in Ohio may not exceed 25% per year. He may be talking about other fees. If you would like to discuss the matter further, please feel free to contact me. Edward DiCato

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Answered on 5/22/09, 9:54 am


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