vernon sykes

M.L. Schultze

Ohio’s overhaul of its payday lending laws will be fully implemented in April. At a conference in Washington Monday, it was applauded as a national model that ensures the short-term loans will continue to be offered without gouging consumers.  

During the discussion organized by the Pew Charitable Trusts, advocates for the overhaul said they battled more than three-dozen lobbyists for the payday lending industry who wanted to maintain the status quo, including interest rates and fees that averaged nearly 600 percent.

Reps. Vernon Sykes (D-Akron) and Matt Huffman (R-Lima)
Karen Kasler / Statehouse News Bureau

Republican state legislative leaders say they’re putting together a bipartisan group to come up with a new way to draw Congressional districts.

Statehouse correspondent Karen Kasler reports this comes as a citizens’ group frustrated with inaction on the issue is planning its own proposal to present to voters.