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Third Attempt To Crackdown On Payday Lending

12:00AM
June
3, 2009

Some Ohio legislators are accusing payday lenders of skirting the spirit of a new state law, so they can continue to charge sky-high rates on short-term loans.

Supporters of Ohio’s Tough New Regulations on the Payday Loan Industry Win Unexpected Endorsements

12:00AM
September
2, 2008

Supporters of a new state law that slashes the interest charges payday lenders may charge have won two unexpected endorsements.

Governor, Legislative Leaders Vow to Fight Payday Lenders

12:00AM
August
7, 2008

Democratic Gov. Ted Strickland and Republican legislative leaders vow to fight an effort by payday lenders to repeal tougher regulations on short-term loans.

Attorney General Rejects Ballot Wording from Payday Lenders

12:00AM
June
19, 2008

Ohio Attorney General Nancy Rogers has rejected proposed language for a ballot issue to repeal the state’s tough new regulations on payday lenders.

New payday lending law includes online short-term lenders

12:00AM
June
16, 2008

Ohioans seeking a short-term or payday loan may be hard pressed to get one come September when House Bill 545 takes effect.

Ohio Lawmakers Look for Ways to Cap Payday Lender Rates

12:00AM
October
1, 2007

Payday lending stores. For every $100 they lend out for two weeks, they charge $15 in interest and fees.