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Cash advance bill would protect Ohioans from predatory loan providers

Cash advance bill would protect Ohioans from predatory loan providers

COLUMBUS, Ohio – to enable federal government to be great, it should be efficient, run on the known facts, and promote public security. This is the 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 payday that is onerous laws and regulations. The balance is supported by considerable research and helps to ensure that the pay day loan industry in Ohio will never be eradicated.