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Ohio Groups Speak Out Against Payday Lending Loopholes

Monday, October 3, 2016
Public News Service

According to data from the Center for Responsible Lending, payday lenders collected about a half million dollars from Ohioans in 2015, more than double the fees collected in 2008 when Ohio voters approved a law regulating the industry. Roth believes that's why water-tight federal regulations are needed.