ACA Updates State Legislative Activity

In its monthly round up of state legislative activity, trade group ACA International highlighted a handful of state laws that could impact the ARM and credit granting communities.

A Senate bill in Ohio would forbid check cashers from engaging in collection activities against a member of the armed forces while they are deployed. Senate Bill 248 would protect armed services members from wage garnishment and other collection efforts from check cashing loans when they are specifically deployed to a combat zone. The bill provides other protections for service members, like protection of personal records, but the collection component covers only check cashing loans.

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