Without a doubt about Ohio??™s Payday Lending Controversy, Explained

The sudden resignation of home Speaker Cliff Rosenberger as a result to an FBI inquiry has highlighted the enormous governmental impact associated with the payday financing industry at the Ohio Statehouse. Information outlets are reporting that in the center associated with inquiry is definitely a international journey on which Rosenberger ended up being followed closely by lobbyists for payday loan providers. The payday lending industry is active in Ohio politics and, based on the Columbus Dispatch, has made $1.6 million in Ohio campaign contributions since 2009??”the great majority of which decided to go to Republicans.

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