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Thursday, February 22, 2007 Numbers of payday lenders soar, as critics blast them for preying on the needy. By Bill Cohen Statehouse News - Radio The number of payday lending stores in Ohio has exploded in the past decade. A new study confirms the trend. Critics say there's good reason for the stores' success; they're making a mint off of desperate consumers by charging sky-high interest rates. But the payday lending industry is answering the criticism. Statehouse correspondent Bill Cohen reports. Click
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