Ohioans for Payday Loan Reform

payday lending sign
Tony Webster / Flickr

Ohio's Senate leader says senators won't be able to pass a payday lending bill before breaking for the summer.

Supporters of a bill that reform payday lending gather at the Ohio Statehouse.
Andy Chow / Ohio Public Radio

Backers of a ballot proposal to cap Ohio's interest rates on payday loans and impose additional regulations on the industry have been cleared to begin signature-gathering.

payday lending sign
Tony Webster / Flickr

A bill to crack down on payday lending passed an Ohio House committee without any changes, a week after the House Speaker resigned and a vote on the bill was halted.

Supporters of a bill that reform payday lending gather at the Ohio Statehouse.
Andy Chow / Ohio Public Radio

An anti-payday lender group is crying foul after a bill to reform the industry was once again delayed in committee. The coalition says the hesitation from lawmakers only intensifies their drive to put the issue on the November ballot.

payday lending sign
Tony Webster / Flickr

Ohio House Republicans balked at passing a bill to reform the payday lending industry just hours after Cliff Rosenberger, the top Republican leader, stepped down amid an FBI inquiry.

Payday lending office
Karen Kasler / Ohio Public Radio

A battle is brewing over payday lending in Ohio. There are more than 650 storefronts in the state but the industry argues that a new bill threatens to shut them all down. However, consumer advocates say payday lending has been skirting around state law for years to prey on desperate borrowers.

Supporters of a bill that reform payday lending gather at the Ohio Statehouse.
Andy Chow / Ohio Public Radio

A group is taking another swing at getting an issue on the ballot that would cap payday loan interest rates. The initiative was delayed after the attorney general’s office rejected the first set of petitions.

Payday lending office
Karen Kasler / Ohio Public Radio

A citizens group is trying to put an issue on the ballot that would cap the interest rates of payday loans at 28 percent without any loopholes. The ballot measure is a reaction to lawmakers not taking any action on a pending bill. House leaders say they’re ready to move forward with that bill.

Supporters of a bill that reform payday lending gather at the Ohio Statehouse.
Andy Chow / Ohio Public Radio

Advocates pushing for a crackdown on payday lenders in Ohio are one step closer to getting their reform proposal on the November ballot. The group says they’re tired of waiting on lawmakers to act, so they’re going straight to the voters.