“We don’t see anything in problem data for that. We offer credit in terms they realize, our company’s cost relative to the danger, and now we want good results for all involved.”
Springfield, Koehler’s hometown, could be the epicenter for the lending that is payday in Ohio.
Koehler claims that on only one strip of road in Springfield, you can find nine payday loan providers. In most, you can find 13 shops in Springfield and nearby Urbana that provide roughly 70,000 individuals. In Columbus, a phenomenom that is similar be located on Ohio 161 between I-71 and Cleveland Avenue, where you can find at the very least six loan providers. “ I experienced [local] company leaders, chamber of business president, pastors visited me personally,” claims Koehler. Read More