As we have previously posted, Cincinnati recently became the first city in the nation to require landlords to accept so-called security deposit insurance in lieu of an actual security deposit. On a recent episode of Neil Cavuto’s Coast to Coast, National REIA’s Charles Tassell discusses Cincinnati’s new rental deposit law and how it is very similar to a pay-day loan – which could ultimately end up doing more harm than good. Click on the image below to watch the interview.
Click here to watch on FOXBusiness.com.
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