Payday loan providers say ex-Ohio House Speaker Cliff Rosenberger threatened them, delayed bill

Payday loan providers say ex-Ohio House Speaker Cliff Rosenberger threatened them, delayed bill

“They wished to do something positive about monetary literacy without doing almost anything to deal with the percentage that is annual,” Ruby stated. “something that did not significantly reduced costs ended up being unsatisfactory to those of us who will be advocating for lending reform.” In March, Ruby stated Rosenberger preferred lenders that are protecting have actually given money to GOP campaign coffers over Ohioans gouged by exorbitant interest and costs in the loans.

Rosenberger’s governmental campaign committee has gotten at the least $54,250 from payday industry governmental action committees and professionals since 2015. Your house Republicans’ campaign supply, the Ohio home Republican Organizational Committee, has gotten at the least $29,000. Continue reading “Payday loan providers say ex-Ohio House Speaker Cliff Rosenberger threatened them, delayed bill”