Ohio Payday lending bill: Who wins and who loses?

[SWBTATTReg]

1. Wow...surely there is a study out that would list the states w/ the highest interest rates (lending

for homes (real estate), personal loans, car loans, etc.

Of course each state probably has additional add on costs, such as loan origination points, etc., but I'm sure that studies made on these types of loans and comparing them on a state by state basis take this into account.

Ohio having an average interest rate of 591% annually does seem really high, so either there are other factors involved such as instate fees for loans (required by Ohio law if such a law on the books), etc. Perhaps also Ohio may have the highest foreclosure rate on its car or home loans? If so, rates could be high because of this.

This high interest rate would make buying just about everything in Ohio pretty well impossible, and you might as well close up shop in Ohio and move away.