Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Payday Lender To Offer Reimbursements

The payday lender Cash America says 14-thousand Ohio customers taken to court for not paying their debts are going to get some money back.Most of the company's employees failed to prepare documents properly in legal proceedings to recover the money. The total cost of the reimbursement program is expected to be 13.4 million dollars. The company hasn't said yet when or how customers will be reimbursed.The company operates 120 Cashland and Cash America stores in Ohio.

Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.