As I reviewed what was going to be on the Ohio Ballot this year, I came across Issue 5. This referendum would cap payday loans to a maximum of 28% APR. What is appalling is that the current cap is 391% ($15 interest on a 2-week $100 loan).
Unfortunately, the people who use these loans frequently get cought up …
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Written by Matt on October 7, 2008
You’ve likely seen their ads on television. They are an online bank, and have both checking and savings accounts. We have been using their Orange savings account for some time now and love it. It is extremely useful and the options they have work very well with long-term budgeting (I’ll be posting on how to use ING Orange Savings for this).
They have a 3% APY savings account. If …
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Posted under Budgeting, Deals, Investing
Written by Matt on October 1, 2008
