Ohio a National Model for Payday Loan Reform

New policies support borrower protections, lender profitability, and credit availability

Ohio a National Model for Payday Loan Reform

Policymakers in states that allow payday lending should follow Ohio’s breakthrough approach to save their constituents tens of millions of dollars a year and maintain access to credit.


  1. Colorado Office of the Attorney General, “2016 Deferred Deposit/Payday Lenders Annual Report” (2017), https://coag.gov/sites/default/files/contentuploads/cp/ConsumerCreditUnit/UCCC/AnnualReportComposites/2016_ddl_composite.pdf.
  2. The Pew Charitable Trusts, “How State Rate Limits Affect Payday Loan Prices” (2014), https://www.pewtrusts.org/en/research-andanalysis/fact-sheets/2014/04/10/how-state-rate-limits-affect-payday-loan-prices.
  3. The Pew Charitable Trusts, “Payday Lending in America: Policy Solutions” (2013), https://www.pewtrusts.org/en/research-and-analysis/reports/2013/10/29/payday-lending-in-america-policy-solutions.
  4. WPA Intelligence, “Ohio Statewide Survey Results on Payday Lending” (2017), http://wpaintel.com/ohio-statewide-survey-resultspayday-lending.
  5. Ohio Fairness in Lending Act (H.B. 123), https://www.legislature.ohio.gov/legislation/legislation-summary?id=GA132-hb-123.
  6. The Pew Charitable Trusts, “How State Rate Limits Affect Payday Loan Prices.”
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How Ohio Solved Payday Loan Reform