Ohio Payday lending Reform

Update: Wednesday, May 16, 2018

The full House session for today has been cancelled because the GOP Caucus has yet to reach consensus on a new speaker of the House. As soon as that issue is resolved and the full House session has been rescheduled with House Bill 123 on the agenda, we will post updates.

In the meantime, please continue to call or email your Reps urging them to vote YES on HB 123 when they do vote on it!

Payday Lenders Flooding the House with Misinformation

The payday lending industry today is flooding House members' offices with phone calls and emails spreading misinformation about HB 123, which they are set to vote on tomorrow.

Payday lenders are out-calling us!

HB 123 was introduced last year by Reps. Kyle Koehler (R) and Mike Ashford (D). It will close the loophole in Ohio's law that lenders have been operating under and it will NOT kill the payday lending industry in Ohio. 

A very similar law has been in effect in Colorado for eight years where lenders remain profitable and borrowers have widespread access to credit with fair terms.

We need you to call or email the following House members today and tell them that you support the original bill and that you are asking them to vote yes when it comes to the full House vote tomorrow.

Here's a simple sample of what you can say:

My name is ____ from ____. I am calling to urge you to vote YES on bipartisan payday loan reform, HB 123, to protect consumers and reject the influence of predatory payday lenders. Can we count on your support?

Below are some reps that really need to hear from you:

Antani, Niraj (R-Miamisburg)     (614) 466-6504  rep42@ohiohouse.gov

Barnes, John (D-Cleveland)       (614) 466-1408  rep12@ohiohouse.gov 

Brinkman, Tom (R-Cincinnati)    (614) 644-6886  rep27@ohiohouse.gov 

Craig, Hearcel (D-Columbus)      (614) 466-8010  rep26@ohiohouse.gov 

Dever, Jonathan (R-Cincinnati)   (614) 466-8120  rep28@ohiohouse.gov 

DeVitis, Tony (R-Green)             (614) 466-1790  rep36@ohiohouse.gov

Edwards, Jay (R-Nelsonville)       (614) 466-2158  rep94@ohiohouse.gov

Hagan, Christina (R-Alliance)      (614) 466-9078   rep50@ohiohouse.gov

Hood, Ron (R-Ashville)               (614) 466-1464  rep78@ohiohouse.gov

Huffman, Steve (R-Tipp City)      (614) 466-8114  rep80@ohiohouse.gov 

Johnson, Terry (R-McDermott)    (614) 466-2124  rep90@ohiohouse.gov

Keller, Candice (R-Middletown)   (614) 644-5094   rep53@ohiohouse.gov

Patmon, Bill (D-Cleveland)         (614) 466-7954   rep10@ohiohouse.gov

Perales, Rick (R-Beavercreek)     (614) 644-6020   rep73@ohiohouse.gov

Retherford, Wes (R-Hamilton)     (614) 644-6721  rep51@ohiohouse.gov

Rezabek, Jeffery (R-Clayton)      (614) 466-2960   rep43@ohiohouse.gov

Thompson, Andy (R-Marietta)     (614) 644-8728   rep95@ohiohouse.gov

Vitale, Nino (R-Urbana)              (614) 466-1507   rep85@ohiohouse.gov 

Young, Ron (R-Leroy)                (614) 644-6074   rep61@ohiohouse.gov

Zeltwanger, Paul (R-Mason)        (614) 644-6027  rep54@ohiohouse.gov 

Cera, Jack (D-Bellaire)               (614) 466-3735   rep96@ohiohouse.gov

Cupp, Robert (R-Lima)               (614) 466-9624   rep04@ohiohouse.gov

Dean, Bill (R-Xenia)                   (614) 466-1470   rep74@ohiohouse.gov

Hoops, James (R-Napoleon)       (614) 466-3760   rep81@ohiohouse.gov 

Householder, Larry (R-Glenford) (614) 466-2500   rep72@ohiohouse.gov

Kick, Darrell (R-Loudonville)       (614) 466-2994   rep70@ohiohouse.gov

Reece, Alicia (D-Cincinnati)        (614) 466-1308   rep33@ohiohouse.gov

Roegner, Kristina (R-Hudson)     (614) 466-1177   rep37@ohiohouse.gov

Romanchuk, Mark (R-Mansfield) (614) 466-5802   rep02@ohiohouse.gov

Sprague, Robert (R-Findlay)       (614) 466-3819   rep83@ohiohouse.gov

Stein, Dick (R-Norwalk)              (614) 466-9628  rep57@ohiohouse.gov

Strahorn, Fred (D-Dayton)          (614) 466-1607  rep39@ohiohouse.gov

Sweeney, Martin (D-Cleveland)    (614) 466-3350  rep14@ohiohouse.gov

Sykes, Emilia (D-Akron)               (614) 466-3100 rep34@ohiohouse.gov

West, Thomas (D-Canton)           (614) 466-8030  rep49@ohiohouse.gov

Wiggam, Scott (R-Wooster)         (614) 466-1474  rep01@ohiohouse.gov 


ACTION ALERT: Payday lending reform needs 100 calls

Do you think that Ohio should have the worst payday lending interest rates in the country that can be around 600%? If no, then please call your Ohio House Representative today to support House Bill (HB) 123.

The House Government Accountability and Oversight Committee recently voted 9-1 to move HB 123 forward. With enough pressure from constituents, the bill is likely to come before the full House for a vote in mid-May. This is coming after revelations of an FBI investigation of payday lender lobbyists providing lavish international travel to the ex-Ohio House Speaker.

It is critical we make our voices heard to legislators over these two weeks. We can’t become complacent.

Our goal is to have House members receive 100 calls urging them to vote YES on this bill. Will you be one of those calls?

Please call your members of the Ohio House and ask them to vote YES on HB 123 to protect consumers and reject the influence of predatory payday lenders.

Here’s a simple sample of what you can say:

My name is ____ from ____. I am calling to urge you to vote YES on bipartisan payday loan reform, HB 123, to protect consumers and reject the influence of predatory payday lenders. Can we count on your support?

After you call, feel free to send us a note telling us how it went, and so we can thank you for your advocacy.

In case you missed the recent coverage, check out:

Editorial: Ohioans Deserve Answers to Payday Lending Questions
The Columbus Dispatch

Payday Lender Made International Trips with Ohio House Speaker
Dayton Daily News

Your calls can and are making a difference.

Thank you for your advocacy!

Want to stay up to date on our advocacy work? Subscribe to our newsletter!



 Nate Coffman speaks to the press following the successful vote on HB 123.

Nate Coffman speaks to the press following the successful vote on HB 123.

Full House, Senate Must Act To Enact These Fair, Overdue Reforms

COLUMBUS – April 18 – Ohioans for Payday Loan Reform applauded the Ohio House Government Accountability and Oversight Committee for today voting 9-1 to send House Bill 123 on to the full House for a vote. If it becomes law, HB123 would make vast improvements to the payday lending landscape in Ohio.

Committee members voted overwhelmingly in favor of the bill as introduced more than a year ago by Reps. Kyle Koehler, R-Springfield, and Mike Ashford, D-Toledo. The only dissenting vote came from Rep. Bill Seitz, R-Cincinnati, who unsuccessfully tried to make amendments to the bill.

“It has been a long, difficult road to get this bill through committee,’’ said Springfield Pastor Carl Ruby, one of the coalition’s leaders. “I thank the majority of committee members who finally saw how much this will help hundreds of thousands of Ohio families trapped in debt and save them millions of dollars each year.

“But I especially want to thank Reps. Koehler and Ashford, who have demonstrated a sustained tenacity in working on this vital effort to protect Ohio residents,’’ said Ruby. “It’s not been easy in the face of payday lenders’ well-heeled lobbying efforts.’’

Coalition leaders also acknowledged Rep. Kirk Schuring, who had worked on amendments to HB 123 but, ultimately, agreed that the original bill should be voted on. “We might not have agreed with everything Rep. Schuring was working on, but we believe his heart was in the right place,’’ said David Thomas, a coalition leader from Ashtabula County.

“It is important that the full House move quickly to approve the bill and send it on to the Senate,” said coalition leader Nate Coffman of the Ohio CDC Association. “We can’t let them forget that in the first year this bill was stalled in committee, it cost Ohioans an estimated $75 million,’’ said Coffman. “The full House and the Senate can’t let that happen any longer. We encourage them to act swiftly in the best interests of all Ohioans.’’

Ohio has the dubious distinction of having the highest lending rates in the nation, with typical annual percentage rates on payday loans approaching 600%.

 Pastor Carl Ruby and Nate Coffman explain the necessity for payday lending reform.

Pastor Carl Ruby and Nate Coffman explain the necessity for payday lending reform.

“We are certain voters will support this if legislators don’t act on reform”

February 28, 2018 - Leaders of an initiative to put payday lending reform on the November statewide ballot this morning turned in over 2,000 petition signatures to the Ohio Attorney General’s Office. This is the first step to getting the measure on the ballot. Backers are pursuing this direction because state lawmakers have not acted on reform.

The petition language calls for a constitutional amendment that would cap payday loan interest rates in Ohio at 28%.

Nate Coffman, of Ohio CDC Association in Columbus, and Pastor Carl Ruby, of Springfield, are filing the petitions. At least 1,000 of the Ohio voter signatures must be validated and the Attorney General’s Office must determine that the summary of the proposed constitutional referendum is a fair and truthful representation of the proposed law.

The Attorney General must then certify the petition to the Secretary of State. At that point, Coffman, Ruby and other supporters can start collecting the 305,591 valid registered voter signatures that must be filed by July 4 in order to get the issue on the November ballot.

“These petitions, these signatures are proof that we mean business,’’ said Coffman. “It’s been nearly 12 months since a bi-partisan reform bill, House Bill 123, was introduced and the legislation has stalled ever since. It seems like they don’t care that every day this bill doesn’t move forward, it costs Ohioans an average of $200,000 in excessive borrowing costs, or about $75 million annually. That’s not acceptable. And that’s why we are pushing for a ballot issue.’’

Payday lenders charge an average 591% annual percentage rate in Ohio, the highest such rate in the nation. Pastor Ruby said that rate is ridiculous, and he is tired of seeing lenders gouge vulnerable, lower income working Ohioans.

“It’s time for the voters of Ohio to have their say, because apparently many in the legislature are not willing or eager to advance HB 123,’’ said Ruby. “With a few notable exceptions, they seem more interested in placating the special interest groups who are profiting from these loans, than in protecting the working class borrowers who are sinking deeper and deeper into debt.’’

The ballot initiative mirrors some of the reforms called for in the bi-partisan HB 123, which seeks to establish a maximum interest rate on such loans of 28% plus a maximum monthly fee of $20.

Coffman pointed out that in 2008, Ohioans overwhelmingly voted in favor of payday lending reforms. “Since then, payday lenders have by-passed the will of the people and state law and are charging even higher prices,’’ he said. “That’s unacceptable, and we are certain Ohio voters will agree if legislators themselves don’t move quickly on reform.’’

Members of Ohioans for Payday Loan Reform, a diverse statewide coalition of more than 100 individuals and organizations that support passage of HB 123, will be asked to support the ballot initiative.

Nick DiNardo, of Cincinnati, and Michal Marcus, of Cleveland, are joining Ruby and Coffman in the push for a November ballot vote.