Is this still going on?
September 27, 2010 | Ohio | Comments (1)I feel like I’m living in the past reading this:
In a bipartisan May vote, Ohio’s House passed a bill closing loopholes in the state’s payday-loan law. In contrast, state Senate Republicans, plainly defying 3.4 million voters, are ignoring the House plan. Before the Nov. 2 election, Ohioans should ask Republican state Senate candidates if they’ll let their caucus keep siding with lenders, rather than with voters. And after the Nov. 2 election, assuming there’s a traditional lame-duck legislative session, the Senate must pass the House bill.
In November 2008, of those Ohioans voting on a statewide ballot issue, 64 percent approved a payday reform law legislators had passed earlier. Previously, annual percentage rates (APRs) on Ohio payday loans had been as steep as 391 percent. The 2008 law capped payday-loan APRs at 28 percent.
In other Ohio news, Browns looked pretty good in losing to the Ravens yesterday.
Comments»
This really makes me want to vommit!! Especially the comment left by the gentleman who claims to be running for office. Ohio has lost 400,000 jobs in the last couple of years, and there are candidates who are more concerned with getting rid of more jobs. As opposed to creating jobs and keeping the ones we have here! I am truly surprised that any entrepenour or industry would want to set up shop in this state!