Payday lending reform issue may return to Ohio ballot this fall. Reported by Doug Livingston.

Fed up with slow-moving solutions in Columbus and deregulation in Washington D.C., consumer advocates will ask voters this fall to tighten payday lending regulations, providing relief to low-income Ohioans trapped in high-interest, short-term borrowing cycles. Ohioans for Payday Loan Reform launched a ballot initiative Thursday, a decade after a similar proposal passed but fell short of capping Ohio’s record-high interest rates. For more on this and other stories, visit Ohio dot com or pick up the latest copy of the Akron Beacon Journal today.