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Former Payday Lenders Opt for ‘Short Term’ Loans

12, 2009

Back before last fall’s elections – supporters of the payday loan industry warned that thousands of employees would lose their jobs if loan rates were capped at 28 percent. The legislation passed anyway and many of those payday lenders are still in business – but lending money under different terms.

Ohioans not in mood to relax term limits

2, 2007

For years, some Ohio legislators and government officials have been talking up the idea of relaxing term limits for lawmakers. But a new public opinion poll seems to indicate that Ohio voters are in no mood to make that change.