Pay day loan bill would protect Ohioans from predatory loan providers: State Rep. Kyle Koehler (Opinion)
Pay day loan bill would protect Ohioans from predatory loan providers: State Rep. Kyle Koehler (Opinion)
COLUMBUS, Ohio – to allow federal federal government to be good, it should be efficient, are powered by the facts, and promote public security. For this reason i’ve worked with Ohioans from over the ideological range, including borrowers, business people, and faith leaders, to advance (HB 123). It really is a bipartisan, compromise method of reforming Ohio’s onerous cash advance legislation. The balance is supported by substantial research and helps to ensure that the cash advance industry in Ohio won’t be eradicated. It’s going to keep credit available and enable accountable lenders to offer safe, affordable loans, because they do under comparable laws and regulations somewhere else.