Pew Charitable Trusts

payday lending sign
Tony Webster / Flickr

A bill to overhaul the payday lending industry in Ohio is heading back to the House after the Senate approved the legislation with some changes. Consumer advocates are touting this as sensible reform while lenders argue this will put them out of business.

payday lending sign
Tony Webster / Flickr

A national group that says Ohio’s payday lending rates are the highest in the nation came out strongly against possible changes to a bill that would crack down on the industry.