News
"Ohio defeats casino issue, keeps lending limits"
November 5, 2008 - Akron Beacon Journal
Voters approved a new payday lending law that cuts the annual percentage rate that lenders can charge to 28 percent and limits the number of loans customers can take to four per year. It is among the strictest laws in the country.
http://www.ohio.com/news/ap?articleID=1035738&c=y
"Ohio defeats casino issue, keeps lending limits"
November 5, 2008 - Forbes.com
Voters approved a new payday lending law that cuts the annual percentage rate that lenders can charge to 28 percent and limits the number of loans customers can take to four per year. It is among the strictest laws in the country.
http://www.forbes.com/feeds/ap/2008/11/05/ap5650906.html
"Issue 5: Payday Lending Passes"
November 5, 2008 - Fox Cleveland
Issue 5 -- to uphold the new payday lending law in Ohio -- has passed according to The Associated Press. Ohio's payday lending limits are among the strictest in the country, and the majority of residents voted to keep it that way.
http://www.myfoxcleveland.com/myfox/pages/News/Detail?contentId=7792247&version=7&locale=EN-US&layoutCode=TSTY&pageId=3.1.1
"Issue 5 - County by County (payday lending)"
November 5, 2008 - Columbus Dispatch
http://www.dispatchpolitics.com/live/content/local_news/stories/2008/11/05/CBC_Issue5.ART_ART_11-05-08_A7_BNBQ1PR.html?type=rss&cat=&sid=101&title=Issue+5+-+County-by-County+(payday+lending)
"Payday lender announces closures, layoffs after Issue 5 passes"
November 5, 2008 - WLWT 5
As promised, at least one payday lender is closing stores in Ohio after voters failed to repeal a measure cutting the interest the lenders can charge.
http://www.wlwt.com/politics/17897392/detail.html
"Cash America to close 43 loan stores in Ohio"
November 5, 2008 - Business Week
Payday lender and pawn shop operator Cash America International Inc. said Wednesday it will to close about one-third of its Ohio lending locations in the next few months, after voters in the state chose to maintain new payday loan restrictions.
http://www.businessweek.com/ap/financialnews/D948RR7O0.htm
"Payday lender cashing out of Ohio"
November 5, 2008 - The Columbus Dispatch
The fallout over the approval of state Issue 5 didn't take long to materialize: Cash America announced this morning that it will close 43 stores in Ohio.
http://blog.dispatch.com/dailybriefing/2008/11/payday_lender_cashing_out_of_o.shtml
"Ohio voters say no to casino, yes to payday loan limits"
November 5, 2008 - 19 Action News
Ohio voters have rejected casino gambling and have kept a law capping interest rates on payday loans.
http://www.woio.com/global/story.asp?s=9296302
"Voters say yes to state taxes, no to antiabortion measures"
November 5, 2008 - The Christian Science Monitor
Massachusetts rejected a proposal to eliminate the state income tax. Colorado said "no" to defining the beginning of human life as the moment of fertilization, and Florida and Arizona approved constitutional bans on gay marriage. Ohio voters, meanwhile, repealed a legislature law defining payday lending rates.
http://features.csmonitor.com/politics/2008/11/05/voters-say-yes-to-state-taxes-no-to-antiabortion-measures/
"Cash America shutting down payday shops"
November 5, 2008 - Dayton Business Journal
Pawn shop operator and short-term lender Cash America International Inc. said that Tuesday's passage of state Issue 5 has prompted the company to plan for a shutdown of about a third of its payday lending shops in Ohio.
http://www.bizjournals.com/dayton/stories/2008/11/03/daily29.html
"Issue 5: Payday Lending Passes"
November 5, 2008 - Fox Cleveland
Voters approved a new payday lending law that cuts the annual percentage rate that lenders can charge to 28 percent and limits the number of loans customers can take to four per year. It is among the strictest laws in the country.
http://www.myfoxcleveland.com/myfox/pages/News/Detail?contentId=7792247&version=8&locale=EN-US&layoutCode=TSTY&pageId=3.2.1
"Voters reject 400 percent interest payday loans"
November 5, 2008 - Market Watch
Ballot measures in Ohio and Arizona doom deceptive tactics and predatory practices.
http://www.marketwatch.com/news/story/Voters-Reject-400-Percent-Interest/story.aspx?guid={30C7290A-C042-414C-A2FB-BE0A957C51ED}
"Payday lenders lose big in Ohio - and deservedly so"
November 5, 2008 - Cleveland Plain Dealer
It didn't matter how many millions of dollars payday lenders spent in their desperate attempt to continue charging 391 percent interest rates on short-term loans, Ohioans weren't about to be fooled by their deceitful campaign.
http://blog.cleveland.com/pdopinion/2008/11/payday_lenders_lose_big_in_ohi.html
"Voters decision on payday lending applauded"
November 6, 2008 - Public News Service
Those who fought hard for Issue 5 are celebrating their victory. Advocates are delighted Ohio voters overwhelmingly approved the measure to keep caps on short-term loans. AARP was a leader in the Coalition for Responsible Lending, and spokesman Bill Sundermeyer says they fought an uphill battle in the campaign.
http://www.publicnewsservice.org/index.php?/content/article/6998-1
"Casino backers to reroll dice"
November 6, 2008 - The Columbus Dispatch
Meanwhile, the approval of state Issue 5, which affirmed tough new regulations on the payday lending industry, immediately pushed one company to announce the closure of 43 stores in Ohio, while the nation's largest payday lender said it will try to make it in the Buckeye State.
http://www.dispatchpolitics.com/live/content/local_news/stories/2008/11/06/copy/ISSUES_5_and_6.ART_ART_11-06-08_B1_FABQDDS.html?adsec=politics&sid=101
"Payday lending future looks doubtful in Ohio"
November 6, 2008 - Van Wert Times Bulletin
Issue # 5 was a referendum on a law dealing with the so-called Pay Day Lending industry. An affirmative vote on the issue upheld the law passed earlier this year that capped annual percentage rates at 28 percent and limited the number of times a customer could use Pay Day Loan services to four times per year. Advocates claimed that the law protected people who were being taken advantage of because of their economic situations.
http://timesbulletin.com/main.asp?SectionID=2&SubSectionID=4&ArticleID=149032&TM=22055.61
"Meigs voters support payday lending reform"
November 6, 2008 - The Daily Sentinel
Businesses offering payday loans will be subject to caps on interest rates and borrowers will be limited to four loans per year after voters in Ohio passed a referendum Tuesday more closely regulating those businesses.
http://www.mydailysentinel.com/articles/2008/11/05/news/news04.txt
"Pay Day Lending"
November 5, 2008 - WYTV
Ohio voters overwhelmingly said yes to Issue 5 Tuesday night, a bill that would keep the cap on the amount of interest payday loan businesses could charge. But the bill still comes with a price. Thousands of people could be out of work and many folks who relied on the service may not have a place to go for help.
http://www.wytv.com/news/local/33952354.html
"Ohio rejects Wilmington casino , passes payday lending restrictions"
November 5, 2008 - The Athens Post
The other prominent issue, Issue 5, proposed a cap on payday lending, which was put on the ballot by the lenders and passed with more than 64 percent. Issue 5 puts a cap of 28 percent on such lending because lenders are currently able to charge a 391 percent interest rate.
http://www.thepost.ohiou.edu/Articles/News/2008/11/05/26275/
"New University of Michigan Survey Finds Payday Borrowers Suffering Financial Hardships"
November 3, 2008 - Market Watch
A survey of Detroit households suggests payday loans are no solution for those in financial need. The survey by University of Michigan law professor Michael S. Barr found that respondents using payday loans were more likely to file for bankruptcy, be evicted, or face utility shut-offs than respondents who had not taken a payday loan.
http://www.marketwatch.com/news/story/New-University-Michigan-Survey-Finds/story.aspx?guid={B0C4181F-EB31-4E59-A792-93EA738EB35E}
"Undecided voters to decide payday lending issue"
November 3, 2008 - WKYC.com
More than 1 in 5 Ohio voters still have not made up their minds on Issue 5, which would put limits on so-called payday lenders in the state.
http://www.wkyc.com/news/state/ohio/news_article.aspx?storyid=100091&catid=23
"Voters need clarity on confusing ballot issues"
November 2, 2008 - The Cincinnati Enquirer
With voters focusing on the presidential race in Tuesday's election, many other important choices are lost in the shuffle. That's especially true with ballot issues, which can be confusing or complex. Three such issues affect voters in Cincinnati and Ohio statewide. Here's a look at what's really behind each, and where we stand.
http://news.cincinnati.com/article/20081102/EDIT01/811020383/1019/EDIT
"Yes on Issue 5 to curb the usurious ways of payday lenders"
November 2, 2008 - Akron Beacon Journal
Issue 5 is a referendum on a new state law, passed with strong bipartisan support, to curb the excessive practices of the payday lending business. That means a ''yes'' vote is a vote to support the law, which seeks to ratchet down the annual percentage rate for payday loans from a staggering 391 percent to 28 percent.
http://www.ohio.com/editorial/opinions/33710939.html
"What's on the ballot Tuesday?"
November 3, 2008 - Dayton Daily News
Issue 5: Payday lending
Referendum on legislation making changes to check cashing lending, sometimes known as payday lending, fees, interest rates and practices.
http://www.daytondailynews.com/n/content/oh/story/news/local/2008/11/03/ddn110308ballot.html
"Proposal calls for limits on payday lenders"
November 2, 2008 - Toledo Blade
It can sometimes be hard to tell from the TV ads, but Issue 5 on Tuesday's ballot is all about payday lending.
http://toledoblade.com/apps/pbcs.dll/article?AID=/20081102/NEWS09/811020286
"Get to the polls and vote on Tuesday"
November 3, 2008 - Newark Advocate
We were split on the payday lender issue that would cap the interest rate for loans dramatically below what currently is allowed. A yes vote would cap the interest rate.
http://www.newarkadvocate.com/article/20081103/OPINION01/811030325/1014/OPINION
"Vote yes on Issue 5"
October 31, 2008 - Business First of Columbus
One of the most acrimonious policy fights in the state this year has been between the payday lending industry and consumer advocates and lawmakers. Now Ohioans will decide whether to repeal a portion of state law that limits the lending ability by payday shops.
http://columbus.bizjournals.com/columbus/stories/2008/11/03/editorial1.html
"Thomas Suddes commentary: Issue 5 would lend all Ohioans a hand"
November 2, 2008 - The Columbus Dispatch
On Tuesday, voting yes on Issue 5 -- Ohio's bipartisan payday-loan reform -- is yes to a 28 percent annual percentage rate cap. Voting yes on Issue 5 is a family-saving yes to Ohioans crushed by debt. And voting yes on Issue 5 is a loud no to the 391 percent APRs that obscenely profitable payday lenders had charged borrowers until legislators acted. That's why, at last report, payday lenders had spent at least $14.6 million to try to fool voters into repealing the 28 percent cap.
http://www.dispatchpolitics.com/live/content/editorials/stories/2008/11/02/sudd02.ART_ART_11-02-08_G5_35BOPE9.html?type=rss&cat=&sid=101&title=Thomas+Suddes+commentary%3A+Issue+5+would+lend+all+Ohioans+a+hand
"Keep it simple: Vote yes on Issue 5 to lower payday loan rates"
November 2, 2008 - The Cleveland Plain Dealer
They rarely want to share their names. They're too embarrassed. They didn't have enough money in their pockets. Then they took out a loan that at first glance seemed cheap - a $15 fee per hundred dollars borrowed -- and only afterward discovered the repayment trap.
http://blog.cleveland.com/business/2008/11/keep_it_simple_vote_yes_on_iss.html
"Ohioans mustn't fall for payday lenders' stealth campaign"
November 2, 2008 - The Cleveland Plain Dealer
On Tuesday, voting "yes" on Issue 5 - Ohio's bipartisan payday- loan reform - is "yes" to a 28 percent APR cap. Voting "yes" on Issue 5 is a family-saving "yes" to Ohioans crushed by debt.
http://www.cleveland.com/news/plaindealer/thomas_suddes/index.ssf?/base/other/1225528292214040.xml&coll=2
"Lots to vote for besides top of ticket"
November 2, 2008 - The Columbus Dispatch
What about payday lenders? Should they be able to set sky-high interest rates or should the state be permitted to sharply limit what they can charge?
http://www.dispatchpolitics.com/live/content/local_news/stories/2008/11/02/copy/noforget.ART_ART_11-02-08_A1_93BOLRB.html?adsec=politics&sid=101
"Proposal calls for limits on payday lenders"
November 2, 2008 - The Toledo Blade
It can sometimes be hard to tell from the TV ads, but Issue 5 on Tuesday's ballot is all about payday lending.
http://toledoblade.com/apps/pbcs.dll/article?AID=/20081102/NEWS09/811020286
"Issue 5: the need vs. greed debate in payday lending"
November 1, 2008 - Columbus Dispatch
Ohioans will decide on Tuesday whether lenders should continue offering short-term payday loans in this state.
http://www.dispatchpolitics.com/live/content/local_news/stories/2008/11/01/copy/payday01.ART_ART_11-01-08_B1_2UBOV8V.html?type=rss&cat=&sid=101&title=Issue+5%3A+the+need+vs.+greed+debate+in+payday+lending
"4 former Ohio governors support cap on payday loans"
October 31, 2008 - The Columbus Dispatch
Four former Ohio governors say they support a cap on payday loan interest rates and are urging voters to vote "yes" on Issue 5 to keep the rate cap in place.
http://www.dispatchpolitics.com/live/content/local_news/stories/2008/10/31/apayday.html?type=rss&cat=&sid=101&title=4+former+Ohio+governors+support++cap+on+payday+loans
"Issue 5: State voters to decide to limit payday lending"
October 31, 2008 - The Crescent News
State Issue 5 asks Ohio voters whether they support or reject legislation approved earlier this year to limit payday lending in the state.
http://www.crescent-news.com/news/article/4457195
"Former Ohio governors support payday loan"
October 31, 2008 - Lancaster Eagle Gazette
Four former Ohio governors say they support a cap on payday loan interest rates and are urging voters to vote "yes" on Issue 5 to keep the rate cap in place.
http://www.lancastereaglegazette.com/article/20081031/UPDATES01/81031004
"Yes on 5, no on 6"
October 31, 2008 - Zanesville Times Recorder
Vote yes on Issue 5 and limit the loan sharks (who charge 500 percent plus interest) to 29 percent interest on payday loans.
http://zanesvilletimesrecorder.com/article/20081031/OPINION03/810310341/1014/OPINION
"Bemusing ballots: ÃÆ'¢â‚¬ËÃ..."The Post' breaks down the baloney"
October 31, 2008 - The Athens Post
A vote "yes" would put into effect House Bill 545, which changes the regulations on check cashing lenders, or "payday lenders." The bill, which the General Assembly has passed and the governor has signed into law, would put a $500 limit on short-term loans. The current regulations limit short-term loans to $800, but include no minimum period for repayment and no limits on interest rates. In addition, the new bill would give borrowers at least 30 days to repay the loan, and it would limit annual percentage rates to 28 percent. For comparison, The Ohio Coalition for Responsible Lending has estimated the average APR on payday loans to be 391 percent, though that figure must be taken with the understanding that it comes from an interest group.
http://www.thepost.ohiou.edu/Articles/Opinion/Editorial/2008/10/31/26167/
"Voters to consider payday loan industry with Issue 5"
October 31, 2008 - The Miami Student
On Nov. 4, Ohio voters will have the choice to approve Section 3 of Ohio House Bill 545, a referendum that will determine the fate of the state payday loan industry. According to the bill, the annual percentage rate (APR) that would be charged would be capped at 28 percent.
http://media.www.miamistudent.net/media/storage/paper776/news/2008/10/31/FrontPage/Voters.To.Consider.Payday.Loan.Industry.With.Issue.5-3518122.shtml
"Lenders need NO on Issue 5 to strike pay dirt"
October 30, 2008 - Akron Beacon Journal
Issue 5 was brought to the ballot by the payday lending industry to repeal a law passed by Republicans and Democrats in the state legislature and signed by Gov. Ted Strickland that caps their allowable interest rates at 28 percent.
http://www.ohio.com/news/33558854.html
"Ohio Issue 5: Pay Day Lending"
October 29, 2008 - Local 12
There are a number of issues on the ballot next week, but Issue 5 may be among the most confusing. "Is this the time to allow government to shut down an Ohio industry, eliminating 6,000 more valuable jobs." The people who put Issue 5 on the ballot want you to vote "no", arguing it is a "job killing" bill.
http://www.local12.com/news/local/story.aspx?content_id=cc3d5ca3-9ae2-4462-b425-c0bd99b238ae
"Don't believe ads; Vote Yes on 5"
October 30, 2008 - Dayton Daily News
If you're looking for a way to remember how to vote on the statewide ballot questions, here's a recommendation: Especially pay attention to Issue 5, which would keep new restrictions on payday lenders in Ohio. The payday industry is spending millions to persuade voters that the question somehow relates to keeping jobs in Ohio. Ba-lo-ney.
http://www.daytondailynews.com/n/content/oh/story/opinions/editorial/2008/10/30/ddn103008issue5xxeb.html?cxntlid=inform_artr
"Letter: Vote yes on Issue 5, no on Issue 6"
October 29, 2008 - Mansfield News Journal
Issue 5 asks voters whether the provisions of a new Ohio law that place new restrictions on payday lending should go into effect. These would limit the maximum loan amount to $500, give borrowers at least 30 days to make repayment and cap the annual interest rate at 28 percent.
http://www.mansfieldnewsjournal.com/article/20081029/OPINION03/810290318
"Signatures are in; payday lending issue ok'd for ballot"
October 29, 2008 - The Stow Sentry
With less than two weeks before the general election, the Secretary of State's Office has certified the last of five ballot issues, a hotly debated payday lending referendum seeking to overturn portions of a new law OK'd by lawmakers earlier this year.
http://www.stowsentry.com/news/article/4454114
"Voters to decide 5 statewide issues"
October 29, 2008 - The Athens Post
On Election Day, in addition to voting for several local and presidential candidates, voters will also have the opportunity to vote on five issues affecting the state of Ohio.
http://www.thepost.ohiou.edu/Articles/News/2008/10/29/26133/
"Interest rates at the heart of Issue 5 debate"
October 28, 2008 - Marion Star
Is 391 percent interest too high?
The question is the basis for a campaign in favor of the passage of Issue 5, which would reduce the amount payday lending establishments are allowed to charge from 391 to 28 percent annual interest.
http://www.marionstar.com/article/20081028/NEWS01/810290314
"More than just Obama v. McCain"
October 29, 2008 - The Guardian
With Election Day right around the corner, it is important we familiarize ourselves with the makeup of this year's ballot. While frequent political ads and numerous debates have made Obama and McCain more than household names, presidential candidates make up a small part of the ballot.
http://media.www.theguardianonline.com/media/storage/paper373/news/2008/10/29/News/More-Than.Just.Obama.V.Mccain-3511456.shtml
"La Prensa Issues Endorsements"
October 29, 2008 - La Prensa
Issue 5 proposes making changes to payday lending practices. A yes vote caps the annual interest rate on payday loans at 28 percent. Such lenders can currently charge up to 391 percent annually. Such loans are certainly usuriousÃÆ'Æ'Æ'ÃÆ'‚¢ÃÆ'Æ'¢ÃÆ'¢â‚¬Ã...¡ÃÆ'‚¬"just like bank overdraft fees and credit card late fees. Vote "Yes" on State Issue 5.
http://media.www.theguardianonline.com/media/storage/paper373/news/2008/10/29/News/More-Than.Just.Obama.V.Mccain-3511456.shtml
"What issue 5 means to Ohio voters"
October 28, 2008 - WSAZ
Just as Ohio's Issue 6 has baffled many state voters, Issue 5 has caused some confusion of its own.
http://www.wsaz.com/political/headlines/33476364.html
"Early Voting Gives Obama a Head Start in Ohio"
October 28, 2008 - WHIO TV
Ballot Issue 5, concerning payday lending, could go either way: 32% of Ohio voters say they are certain to vote "Yes" on the measure, 43% certain to vote "No," but with 25% of voters not yet certain, any outcome is possible. Among those who have already voted, "Yes" leads "No" by 10 points.
http://www.whiotv.com/politics/17819611/detail.html
"Battle Continues Over Payday Loans in Ohio"
October 24, 2008 - WCPO
Opponents of a new Ohio law that puts tough restrictions on the payday loan industry have raised $18 million in their campaign to repeal it.
http://www.wcpo.com/news/local/story.aspx?content_id=3ecb8a1d-9b3e-4d01-857b-9c8d4f410e5b
"Editorial: Vote Yes on State Issues 1,2,3 and 5"
October 28, 2008 - Mansfield News Journal
State Issue 5: Whether to uphold the state's new payday lending law.
http://www.mansfieldnewsjournal.com/article/20081028/OPINION02/810280308
"Issue 5 language complicated for voters"
October 28, 2008 - The Daily Record
State Issue 5 asks Ohio voters whether they support or reject legislation approved earlier this year to limit payday lending in the state.
http://www.the-daily-record.com/news/article/4453898
"Understanding Issue 5"
October 28, 2008 - WYTV ABC
On State Issue five, you're voting to accept or reject part of a law passed by the Ohio legislature last summer, also known as House Bill 545. The new law caps the annual interest rate payday loan companies can charge at twenty eight percent. Before this bill, payday lenders charged up to three hundred ninety one percent interest on their loans.
http://www.wytv.com/news/crawl/33409389.html
"Payday lenders back measures to unwind state restrictions"
October 28, 2008 - The Wall Street Journal
Payday lenders are spending millions of dollars to back ballot initiatives that challenge state restrictions on their cash-advance practices.
http://online.wsj.com/article/SB122515746938274745.html?mod=googlenews_wsj
"Payday lending pays $3.42 million for signatures"
October 28, 2008 - The Dayton Daily News
The payday lending industry paid $3.42 million to collect the required 241,365 signatures to get Issue 5 on the Nov. 4 ballot.
http://www.daytondailynews.com/n/content/oh/story/news/local/2008/10/28/ddn102808issue5.html
"Ohio casino one of four proposed amendments"
October 27, 2008 - Ironton Tribune
Among the state issues on the Nov. 4 ballot are four proposed constitutional amendments and one referendum.
http://www.irontontribune.com/news/2008/oct/27/ohio-casino-one-four-proposed-amendments/
"$18 Million Raised to Stop Payday Lending Law"
October 27, 2008 - WLWT 5
Opponents of a new Ohio law that puts tough restrictions on the payday loan industry have raised $18 million in their campaign to repeal it.
http://www.wlwt.com/politics/17809254/detail.html
"A Conflict of Interest Rates"
October 27, 2008 - The Wheeling News Register
Many Ohioans contend they have a right to borrow money against their next pay check when they need it. Other residents, meanwhile, believe "payday lending" companies prey on these people.
http://www.news-register.net/page/content.detail/id/516063.html?nav=515
"Dispatch urges YES vote on payday lending initiative"
October 27, 2008 - The Coshocton Tribune
The Columbus Dispatch is recommending a "yes" vote on a ballot issue that would retain Ohio's new payday lending law.
http://coshoctontribune.com/article/20081027/NEWS03/810270330/1002/rss01
"Editorial: Yes on Issue 5"
October 26, 2008 - The Columbus Dispatch
Deciding how to vote on State Issue 5, a referendum on the state's new payday-lending law, isn't easy. A yes vote will allow the statute to go into effect in its entirety, tightening regulation of an industry that fills a niche in the financial marketplace. The new law might force many payday-lending, or check-cashing, businesses to close their doors, leaving their employees without jobs and their customers in the lurch when they need money in an emergency.
http://www.dispatchpolitics.com/live/content/editorials/stories/2008/10/26/ISSUE5.ART_ART_10-26-08_G4_QNBM7FD.html?type=rss&cat=&sid=101&title=Editorial%3A+Yes+on+Issue+5
"Several state issues are on ballot"
October 26, 2008 - The News Democrat
Brown County is not the only government entity that will have issues on the ballot for the Nov. 4 election. There will be five statewide issues for Brown County residents to vote on as well that involve issues from requiring an earlier deadline for filing statewide ballot issues to allowing the first Ohio casino to be built near Wilmington. Issue number four has been removed from the ballot by the petitioner's committee.
http://newsdemocrat.com/main.asp?SectionID=1&SubSectionID=1&ArticleID=126363&TM=307.682
"Voters weight limits for payday lenders"
October 26, 2008 - The Toledo Blade
An industry under attack or on the prowl? It depends on which side you come down on in what has become one of the most hotly contested issues on this year's Ohio ballot. The battle has raised the specter of everything from Big Brother to loan sharking.
http://toledoblade.com/apps/pbcs.dll/article?AID=/20081026/NEWS09/810260299
"Editorial: Yes on Issue 5: Allow payday lending law to go into effect to avoid statutory chaos"
October 26, 2008 - TMC.Net (Columbus Dispatch)
Deciding how to vote on State Issue 5, a referendum on the state's new payday-lending law, isn't easy. A yes vote will allow the statute to go into effect in its entirety, tightening regulation of an industry that fills a niche in the financial marketplace. The new law might force many payday-lending, or check-cashing, businesses to close their doors, leaving their employees without jobs and their customers in the lurch when they need money in an emergency.
http://www.tmcnet.com/usubmit/2008/10/26/3733637.htm
"Payday lenders spend big to repeal lending laws"
October 24, 2008 - Business Courier of Cincinnati
The payday lending industry is spending 60 times more than its opponents in a quest to repeal parts of Ohio's new short-term lending laws, campaign records filed Oct. 24 show.
http://www.bizjournals.com/cincinnati/stories/2008/10/20/daily63.html
"Issue 5, payday lending referendum, will be Ohio ballot"
October 24, 2008 - The Youngstown Vindicator
With less than two weeks before the general election, the Ohio Secretary of State's office has certified the last of five ballot issues, a hotly debated payday lending referendum seeking to overturn portions of a new law OK'd by lawmakers earlier this year.
http://www.vindy.com/news/2008/oct/24/issue-5-payday-lending-referendum-will-be-ohio/
"Issue campaigns spending millions"
October 24, 2008 - WHIO TV
The conflict over two controversial ballot issues has become a multi-million dollar war of words, fought on a battleground filled with TV commercials.
http://www.whiotv.com/news/17794734/detail.html
"Ohio payday lending issue placed on ballot"
October 24, 2008 - The Plain Dealer
A hotly contested issue to decide whether recent regulations on payday lenders should stand or be rolled back is officially on the November ballot.
http://www.cleveland.com/news/plaindealer/index.ssf?/base/news/122483719688720.xml&coll=2
"$50 million bet: backers, opponents of Ohio casino issue are gambling on November 4th payoff as advertising, accusations reach fever pitch"
October 24, 2008 - Trading Markets
On State Issue 5, Ohioans for Financial Freedom, the payday-lending coalition, reported raising an eye-popping $16.4 million, most of it coming from the Community Financial Services Association, the industry's national advocacy group.
http://www.tradingmarkets.com/.site/news/Stock%20News/1967972/
"Proposed repeal of Ohio law putting restrictions on payday lending qualifies for ballot"
October 23, 2008 - October 23, 2008
Voters will get to decide whether to repeal a new Ohio law cracking down on how much interest can be charged on payday loans.
http://www.startribune.com/politics/national/33181099.html?elr=KArks:DCiUMEaPc:UiD3aPc:_Yyc:aUU
"Payday lending fight makes Ohio ballot"
October 23, 2008 - WDTN
The payday loan industry will have a chance to repeal Ohio's new law cracking down on how much interest it can charge customers after submitting enough signatures to place the issue before voters.
http://www.wdtn.com/global/story.asp?s=9230544
"More than $60 million spent on casino, payday lending issues"
October 23, 2008 - Dayton Daily News
Business interests poured a staggering $63.5 million into campaign coffers to try to influence Ohio voters on ballot Issues 5 and 6, according to campaign finance reports filed Thursday, Oct. 23.
http://www.daytondailynews.com/n/content/oh/story/sports/local/2008/10/23/ddn102308issuesweb.html
"Payday lending issue officially on ballot"
October 23, 2008 - The Cleveland Plain Dealer
A hotly contested issue deciding whether recent regulations on payday lenders should stand or be rolled back is officially on the November ballot.
http://blog.cleveland.com/openers/2008/10/payday_loan_issue_officially_o.html
"Payday lending fight qualifies for Ohio ballot"
October 23, 2008 - Associated Press
Voters will get to decide whether to repeal a new Ohio law cracking down on how much interest can be charged on payday loans.
http://ap.google.com/article/ALeqM5hUkex67kQ4btbfNPTzH85_Na_QeQD940IIE02
"Payday lending issue makes ballot"
October 23, 2008 - The Columbus Dispatch
Secretary of State Jennifer Brunner made it official today, certifying that a coalition of payday lenders has collected enough valid signatures to qualify their referendum for the November ballot.
http://dispatch.com/live/content/local_news/stories/2008/10/23/payday24.html?sid=101
"Endorsement: Vote yes on Issue 5; it will place limits on exploitative payday loans"
October 13, 2008 - The Athens News
We strongly urge our readers to vote YES on Referendum 5, a measure that would uphold Ohio's "payday-lending" law. This legislation will prevent this exploitative industry from continuing to prey on cash-strapped Ohioans with annual interest rates as high as 391 percent.
http://www.athensnews.com/opinion/2008/oct/13/endorsement-vote-yes-issue-5-it-will-place-limits-/
"Ballot issues inspire closer look at strategies"
October 23, 2008 - The Columbus Dispatch
Welcome to the So To Speak "nonpartisan" election guide, featuring nursery rhymes.
Ohio voters will confront a long list of candidates and issues on Nov. 4, but let's ignore all but two of them. Life is short.
http://www.columbusdispatch.com/live/content/life/stories/2008/10/23/1A_BLUN23_--_for_oct._23_ART_10-23-08_D1_HSBLJ1Q.html?sid=101
"Ballot issues summary"
October 23, 2008 - The Youngstown Vindicator
Payday lending. The referendum calls for changes to portions of the payday lending reform law enacted by lawmakers and the governor earlier this year. A vote of "no" would change the loan cap (to $800 from $500), remove repayment periods (30 stipulated in the law) and increases allowable annual percentage rates on loans to a rate "that substantially exceeds" 28 percent.
http://www.vindy.com/news/2008/oct/23/ballot-issues-summary/
"Approve limit on payday lenders"
October 23, 2008 - The Newark Advocate
As part of my job, I worked hard helping bank customers keep their bank accounts in the black. Those customers who were dealing with payday lenders were always in need of my assistance to fix problems. It seems to me that this is the worst kind of predatory lending; it preys on those who already need help just to keep afloat. If this type of lending is truly needed, certainly even 28 percent interest sounds like quite a lot. It costs less interest to get an advance on a credit card.
http://newarkadvocate.com/article/20081023/OPINION03/810230341/1014/rss04
"Winger tells Democrats a well-trained work force is a necessity"
October 23, 2008 - Mansfield News Journal
Party Chairman Joe Mudra said the Ohio Democratic Party and Gov.Ted Strickland are urging Ohioans to vote for State Issue 5, the payday lending issue. "It's a bit confusing," Mudra said. "A yes vote would enforce the law passed some months ago to put restrictions on payday lending in Ohio. A no vote says essentially the payday lending law will not go into effect, and payday lending organizations will operate exactly as they have been," he said.
http://www.mansfieldnewsjournal.com/article/20081023/NEWS01/810230326
"Cash America Reports Third Quarter Results and Declares Dividend"
October 23, 2008 - MarketWatch
Cash America will incur additional expenses associated with the Ohio and Arizona election activities in the fourth quarter of 2008 and has adjusted its fourth quarter loan products for a negative result in the Ohio election.
http://www.marketwatch.com/news/story/Cash-America-Reports-Third-Quarter/story.aspx?guid={BDDF90FC-8678-4EF6-88D3-D4781833418B}
"No on 6; Yes on 5"
October 23, 2008 - Toledo Blade
PROPONENTS and opponents of two state ballot issues have been trading accusations for weeks, leaving many voters in a quandary about what to believe and how to vote as they head to the polls on Nov. 4.
http://toledoblade.com/apps/pbcs.dll/article?AID=/20081023/OPINION02/810230314
"Ohio attorney general candidates debates at forum"
October 22, 2008 - Dayton Daily News
The three candidates for Ohio attorney general debated Tuesday, Oct. 21, at an election forum hosted by the Dayton Daily News, a session that also heard arguments for and against a constitutional amendment authorizing gambling in Ohio and a referendum capping payday lending interest rates.
http://www.daytondailynews.com/n/content/oh/story/news/local/2008/10/22/ddn102208forum.html
"Commissioners' Group Urges Yes Vote on Issue 5"
October 22, 2008 - Chillicothe Gazette
Citing concerns over the economic impact that payday loans have on local communities, the County Commissioners' Association of Ohio announced Tuesday that it is formally endorsing a "yes"' vote on Issue 5.
http://www.chillicothegazette.com/article/20081022/NEWS03/810220312
"Don't fall for hype: Vote Yes on Issue 5"
October 22, 2008 - Lancaster Eagle Gazette
OF all the issues on the state ballot this Nov. 4, perhaps none is as offensive as the deceptive campaign about payday lenders.
http://www.lancastereaglegazette.com/article/20081022/OPINION01/810220319/1014/OPINION
"Issue 5 targets payday lending"
October 19, 2008 - The Lebanon Western Star
Anyone who watches TV can see that the opposition to Issue 5 is well-funded, airing scores of ads that urge voters to protect their financial choices and keep thousands of jobs in Ohio.
http://www.western-star.com/n/content/oh/story/news/local/2008/10/19/hjn102008issue5.html
"State Issue 5 Explained"
October 13, 2008 - WKYC.com
They provide cash to people in a pinch. In exchange, they charge exceptionally high interest rates on that money.
http://www.wkyc.com/news/state/ohio/news_article.aspx?storyid=98431&catid=23
"Issue 5 centers around payday lending reform"
October 19, 2008 - Crescent News
Ohio voters will determine the future of the state's payday lending business by their collective verdict on Issue 5.
http://www.crescent-news.com/news/article/4448239
"Issue 5: Does law mean end for payday lenders"
October 19, 2008 - Cincinnati Enquirer
Just as the economy appears headed into recession, Ohio voters in November will decide whether to free payday lenders to charge rates curtailed this summer by the legislature.
http://news.cincinnati.com/apps/pbcs.dll/article?Dato=20081019&Kategori=NEWS0106&Lopenr=810190376&Ref=AR
"Rebuttal: Vote Yes on Issue 5"
October 19, 2008 - The Newark Advocate
If payday lenders could be trusted, Issue 5 would not be on the Nov. 4 ballot.
http://www.newarkadvocate.com/article/20081019/OPINION01/810190321/1014/OPINION
"Issue 5 needed to protect Ohio borrowers"
October 21, 2008 - The Chillicothe Gazette
One of the most actively debated and publicized issues on the Nov. 4 ballot is Issue 5, the so-called "payday lending" issue.
http://www.chillicothegazette.com/article/20081021/OPINION01/810210308/1014/OPINION
"Voters can reverse shameful practices that prey on poor"
October 18, 2008 - The Cleveland Plain Dealer
In a time that cries out for fiscal sanity, the Ohio Lottery is using images of schoolchildren in its TV commercials to drum up support for games of chance.
http://www.cleveland.com/living/plaindealer/index.ssf?/base/living-0/122431878161480.xml&coll=2
"Ballot full for upcoming election"
October 18, 2008 - The Van Wert Times Bulletin
Although the Presidential election may be garnering all the attention for the November election, statewide and local issues are going to take up most of the voters' time in the booth on November 4.
http://timesbulletin.com/main.asp?SectionID=2&SubSectionID=4&ArticleID=148810&TM=21870.91
"Group's payday stance draws fire from Strickland"
October 17, 2008 - The Columbus Dispatch
Not that he was likely high on the list anyway, but Gov. Ted Strickland probably shouldn't count on a Christmas card this year from the Ohio Christian Alliance after blasting the conservative organization's stance on payday lending.
http://blog.dispatch.com/dailybriefing/2008/10/groups_payday_stance_draws_fir.shtml
"Payday loans no help, credit counselors say"
October 16, 2008 - The Columbus Dispatch
A Cleveland research group says that Ohioans who try to help people drowning in debt generally see payday loans as part of the problem.
http://www.dispatchpolitics.com/live/content/local_news/stories/2008/10/16/copy/payday16.ART_ART_10-16-08_B4_M2BK8TO.html?adsec=politics&sid=101
"Yes on state Issue 5"
October 16, 2008 - The Canton Repository
State Issue 5 is different. It is not a constitutional amendment. It is a referendum on a portion of a state law that was passed by the Legislature and signed by the governor this summer.
http://www.cantonrep.com/index.php?ID=436350&Category=3&subCategoryID=
"Report urges reduced usury rate for payday loans"
October 15, 2008 - Dayton Daily News
The cost of payday loans is harmful to low- and middle-income working families, according to a new report from Policy Matters Ohio, a nonpartisan research organization.
http://www.daytondailynews.com/b/content/oh/story/business/2008/10/15/ddn101508paydayweb.html
"Richland commissioners rethink Issue 5"
October 15, 2008 - Mansfield News Journal
Citing a lack of information, Richland County Commissioners on Tuesday changed their thumbs down to thumbs up on the payday lender ballot issue.
http://mansfieldnewsjournal.com/apps/pbcs.dll/article?AID=/20081015/NEWS03/810150308/1002/rss01
"Vote yes on issue 5"
October 15, 2008 - The Youngstown Vindicator
Tens of thousands of Ohioans have made payday lending a multi-million dollar industry. Dozens of storefront shops sprouted up in Mahoning and Trumbull counties in little more than a decade after Ohio legislators effectively eliminated the state's time-tested laws against usury.
http://www.vindy.com/news/2008/oct/15/vote-yes-on-issue-5/
"State Issue 5 ad straightforward: explains issue is about charging 391% interest on payday loans"
October 14, 2008 - The Cleveland Plain Dealer
Finally! A straightforward ad that says state Issue 5 is really about charging 391 percent interest on payday loans. After a blitz of deceptive ads from payday loan outfits, Issue 5 backers have bought airtime to tell a big load of truth.
http://blog.cleveland.com/openers/2008/10/yes_on_5_eye_on_ohio.html
"Campaigns debate likes, dislikes for Issue 5"
October 15, 2008 - Zanesville Times Recorder
Is 391 percent interest too high? The question is the basis for a campaign in favor of the passage of Issue 5, which would reduce the amount payday lending establishments are allowed to charge from 391 to 28 percent annual interest.
http://www.zanesvilletimesrecorder.com/apps/pbcs.dll/article?AID=/20081015/NEWS03/810150304
"State Issue 5 Explained"
October 13, 2008 - WKYC
They provide cash to people in a pinch. In exchange, they charge exceptionally high interest rates on that money.
http://www.wkyc.com/news/state/ohio/news_article.aspx?storyid=98431&catid=23
"Ohio voters mostly undecided on payday lending Issue 5"
October 14, 2008 - WKYC
Nearly half of Ohio voters have not yet made up their mind on Issue 5, which would restrict payday lending in the state.
http://www.wkyc.com/news/state/ohio/news_article.aspx?storyid=98560&catid=23
"Cleveland to limit payday loan shops"
October 14, 2008 - Akron Beacon Journal
While the state tries to cap the interest rates on short-term, "payday" loans, Cleveland is moving to limit the number of payday lenders.
http://www.ohio.com/news/ap?articleID=922089&c=y
"Cleveland to limit payday loan shops"
October 14, 2008 - Mansfield News Journal
While the state tries to cap the interest rates on short-term, "payday" loans, Cleveland is moving to limit the number of payday lenders.
http://www.mansfieldnewsjournal.com/apps/pbcs.dll/article?AID=/20081014/UPDATES01/81014015
"Cleveland City Council votes to limit the city's number of payday loan stores"
October 13, 2008 - The Cleveland Plain Dealer
Cleveland City Council put a freeze on payday lenders Monday, voting to limit the number of cash-advance stores in the city.
http://blog.cleveland.com/metro/2008/10/cleveland_city_council_votes_t.html
"Former and future Attorney Generals speak out about the payday lending ballot issue"
October 13, 2008 - WKSU NPR
Two former Ohio Attorney Generals and the men who'd like to be Ohio's next Attorney General are speaking out about the payday lending ballot issue Ohioans will decide this fall.
http://www.wksu.org/news/story/22445
"Ohio voters marking ballots on a number of statewide issues"
October 13, 2008 - WTOV Steubenville
Ohio voters will be weighing in on a total of five statewide issues come election day.
http://www.wtov9.com/news/17706585/detail.html
"Endorsement: Vote yes on Issue 5; it will place limits on exploitative payday loans"
October 13, 2008 - The Athens News
We strongly urge our readers to vote YES on Referendum 5, a measure that would uphold Ohio's "payday-lending" law. This legislation will prevent this exploitative industry from continuing to prey on cash-strapped Ohioans with annual interest rates as high as 391 percent.
http://athensnews.com/opinion/2008/oct/13/endorsement-vote-yes-issue-5-it-will-place-limits-/
"Payday deception"
October 12, 2008 - Akron Beacon Journal
What is Issue 5? Watch the television ads urging Ohioans to vote ''no'' Nov. 4 on the statewide ballot issue, and you won't know it has anything to do with quick loans from payday lenders. Neither will you have a clue that the question in this referendum is whether Ohio should enforce recent legislation that does not allow interest rates to exceed 28 percent on payday loans or permit payday lenders to continue charging rates as high as 391 percent.
http://www.ohio.com/editorial/opinions/30857504.html
"Akron paper urges "yes" on payday lending measure"
October 12, 2008 - WSYX 6
The Akron Beacon Journal is urging its readers to vote "yes" on the statewide ballot issue that would uphold Ohio's new payday lending law, one of the strictest in the nation.
http://www.wsyx6.com/template/inews_wire/wires.regional.oh/32584596-www.wsyx6.com.shtml
"Sides argue payday lending issue"
October 12, 2008 - The Newark Advocate
Is 391 percent interest too high? That question is the basis for a campaign in favor of the passage of Issue 5, which would reduce the amount payday lending establishments are allowed to charge from 391 percent to 28 percent annual interest.
http://newarkadvocate.com/article/20081012/NEWS03/810120302/1002/rss01
"Akron paper urges "yes" on payday lending measure"
October 12, 2008 - WDTN 2
The Akron Beacon Journal is urging its readers to vote "yes" on the statewide ballot issue that would uphold Ohio's new payday lending law, 1 of the strictest in the nation.
http://www.wdtn.com/Global/story.asp?S=9165824
"Now do your part on payday lending: Vote yes on Issue 5 - Sheryl Harris' Plain Dealing"
October 12, 2008 - The Plain Dealer
The vote on Issue 5 is about a lot more than payday lending. It's about whether Ohioans will stand up and vote "yes" for good government.
http://www.cleveland.com/business/plaindealer/sheryl_harris/index.ssf?/base/other/122371393090060.xml&coll=2
"Attorney general hopefuls both say no to payday lenders"
October 12, 2008 - The Hudson Hub Times
The two major party candidates for Ohio Attorney General are united in their opposition to the payday lending industry.
http://www.hudsonhubtimes.com/news/article/4442589
"Opponents say Issue 5 limits financial choice"
October 10, 2008 - Lima News
With credit tight the world over and the country in the grips of recession, now is not the time to limit the financial options of working people, according to Bridgette Roman.
http://www.limaohio.com/news/say_29329___article.html/choice_financial.html
"Ohio Condemns Payday Loans"
October 10, 2008 - Hispanic Business.com
Two former Ohio attorneys general and two current candidates for the job have come together to oppose an effort to repeal a strict payday lending law.
http://www.hispanicbusiness.com/news/2008/10/10/ohio_condemns_payday_loans.htm
"You Decide: Payday Lender Issue 5"
October 12, 2008 - My Fox Cleveland
Ohioans will vote on several important issues next month, including changes to how payday lenders give out money and how customers pay it back. Kevin Freeman brings us both sides of the Issue 5 debate.
http://www.myfoxcleveland.com/myfox/pages/News/Detail?contentId=7630800&version=3&locale=EN-US&layoutCode=VSTY&pageId=3.1.1
"Our View Editorial: Yes vote would keep Ohioans protected from greedy payday lenders"
September 2, 2008 - The Lorain Morning Journal
"Yes." Yes, is the only word that counts when it comes to protecting Ohioans from the loan sharking ways of payday lenders, if Issue 5 makes it onto the Nov. 4 ballot.
http://www.morningjournal.com/articles/2008/09/02/opinion/doc48bca774acfa9525837171.txt
"Our opinion: Vote Yes to keep lending law in place"
October 7, 2008 - New Philadelphia Times Report
Ohio's new payday lending law, approved by lawmakers last summer, was a victory for consumers in the state.
http://www.timesreporter.com/opinion/x1272961682/Our-opinion-Vote-Yes-to-keep-lending-law-in-place
"Former AGs, candidates say vote yes for Issue 5"
October 8, 2008 - The Cleveland Plain Dealer
Attorney general candidates Richard Cordray, a Democrat, and Mike Crites, a Republican, veered off the campaign trail today just long enough to team up and urge Ohioans to keep the state's new law capping payday loans at 28 percent by voting for Issue 5.
http://blog.cleveland.com/openers/2008/10/former_ags_candidates_say_vote.html
"Ohio AGs line up against payday loan industry"
October 10, 2008 - Forbes
Two former Ohio attorneys general and two current candidates for the job have come together to oppose an effort to repeal a strict payday lending law.
http://www.forbes.com/feeds/ap/2008/10/08/ap5526577.html
"Candidates Richard Cordray and Mike Crites agree on payday lending issue"
October 9, 2008 - The Cleveland Plain Dealer
Ohio attorney general candidates Richard Cordray and Mike Crites veered off the campaign trail Wednesday long enough to team up and urge voters to keep a lid on payday loans.
http://www.cleveland.com/news/plaindealer/index.ssf?/base/news/1223541140300460.xml&coll=2
"Payday lending proposal debated"
October 8, 2008 - WBNS 10TV
Both the Democratic and Republican candidates for the Ohio Attorney General's office jointly denounced the Issue Five campaign supported by payday lenders.
http://www.10tv.com/live/content/onnnews/stories/2008/10/08/payday_lending.html?sid=102
"Payday lenders put themselves near the poor"
October 8, 2008 - The Cleveland Plain Dealer
More proof that payday lenders prey on the poor comes from the Federal Reserve Bank of Minneapolis.
http://www.cleveland.com/editorials/plaindealer/index.ssf?/base/opinion/122345477771640.xml&coll=2
"Former AGs, Hopefuls Talk Issue 5"
October 8, 2008 - NBC4
The attorney general is not only the state's top cop or top lawyer. The officeholder protects Ohioans from businesses that violate consumers' rights.
http://www.nbc4i.com/midwest/cmh/politics.apx.-content-articles-CMH-2008-10-08-0004.html
"Democracy at risk"
October 8, 2008 - Zanesville Times Recorder
I really, really fear for the future of our country when people can get away with outlandish and misleading promotions of their causes at election time. For example, the Vote No on Issue 5 flyer that came in the mail. It shows pictures of senior citizens and tries to scare them into thinking that all of their financial information is going to be made public if Issue 5 is approved. All that Issue 5 does is limit the rate of interest on these payday loans to 28 percent. Sounds more than fair to me.
http://zanesvilletimesrecorder.com/apps/pbcs.dll/article?AID=/20081008/OPINION03/810080332/1014/OPINION
"Verified signatures would put payday issue on ballot"
October 8, 2008 - The Stow Sentry
Payday lending proponents submitted nearly 220,000 additional signatures to the Secretary of State Oct. 1, with hopes of solidifying their November ballot issue.
http://www.stowsentry.com/news/article/4440634
"Payday lenders helped by Ohio Christian Alliance"
October 6, 2008 - The Columbus Dispatch
Breaking from many other Ohio religious leaders, the Ohio Christian Alliance is siding with the payday-lending industry, urging voters to reject State Issue 5.
http://www.columbusdispatch.com/live/content/local_news/stories/2008/10/06/payday.html?sid=101
"Payday lending banking on voters"
October 6, 2008 - The Sentinel-Tribune
Come November, Ohio voters will be asked to vote on Issue 5, commonly known as the payday lending bill, signed into law by Gov. Ted Strickland back in June.
Specifically, voters will be deciding whether Section 3 of House Bill 545 should go into effect, which would delete old provisions of the law regulating check-cashing lenders.
A "Yes" vote indicates approval of Section 3, which limits the interest rates payday lenders can charge to 28 percent.
http://www.sent-trib.com/index.php?option=com_content&task=view&id=6639&Itemid=81
"Closing time"
October 5, 2008 - Akron Beacon Journal
Ted Strickland has surveyed the darkening budget landscape and set in motion roughly $1 trillion in spending reductions. The governor knows well that the prospects for the new state budget, already in the works for approval by July 2009, are similarly grim. Ohio faces a structural deficit of no less than $2 billion a year. Consider the priorities requiring additional funding, from Medicaid to prisons to colleges and universities.
http://www.ohio.com/editorial/opinions/30480574.html
"Ohio's payday lenders hope dimwits turn out on Election Day"
October 5, 2008 - The Plain Dealer
To adapt what a national columnist once wrote about an Ohio politician, the McBama and O'Cain campaigns are for whatever everyone else is for, and the policy twins are especially for whatever Wall Street's debt-pushers want.
http://www.cleveland.com/news/plaindealer/thomas_suddes/index.ssf?/base/opinion/122310916155541.xml&coll=2
"Payday loans likely on ballot"
October 2, 2008 - The Columbus Dispatch
A coalition pushing to block new regulations for the payday-lending industry filed an additional 218,855 signatures yesterday, making it likely the referendum will qualify for the November ballot.
http://www.dispatchpolitics.com/live/content/local_news/stories/2008/10/02/copy/payday02.ART_ART_10-02-08_B4_H6BG4LI.html?adsec=politics&sid=101
"Voters likely to decide payday issue"
October 2, 2008 - The Lantern
Ohio voters will likely vote on state payday lending legislation after a committee to reject the law submitted nearly 219,000 signatures yesterday to put the issue on the ballot.
http://media.www.thelantern.com/media/storage/paper333/news/2008/10/02/Campus/Voters.Likely.To.Decide.Payday.Issue-3464661.shtml
"Faith leaders campaign against payday lending, casino gambling"
October 1, 2008 - Hudson Hub Times
Faith leaders asked voters to join them in opposing ballot issues related to a new Ohio casino and payday lending.
http://www.hudsonhubtimes.com/news/article/4435725
"Lending law fight comes to Akron"
October 2, 2008 - Akron Beacon Journal
The battle over Ohio's payday lending law traveled to Akron on Wednesday in anticipation of state Issue 5, which voters will consider next month.
http://www.ohio.com/news/top_stories/30079514.html
"Issue 5: Payday Lending"
September 30, 2008 - NBC4
Issue 5 is widely known as the Payday Lending Issue.
http://www.nbc4i.com/midwest/cmh/politics.apx.-content-articles-CMH-2008-09-30-0039.html
"Ad watch"
September 30, 2008 - The Columbus Dispatch
The ad producers never tell us what is covered by Issue 5, a proposal aimed at the statewide ballot on Nov. 4. They just want us to follow their directions and vote "No."
http://www.dispatchpolitics.com/live/content/local_news/stories/2008/10/01/copy/Ad_watch_No_on_Issue_5_PD_ART_10-01-08_B5_C0BFRTE.html?type=rss&cat=&sid=101&title=Adwatch:Paydayloan%27s%22NoonIssue5%22spot
"Ann Fisher commentary: Reformed loan shark sinks teeth into Issue 5"
September 29, 2008 - The Columbus Dispatch
I caught up with Shady Shark by telephone last week. I had to throw my cell phone at him to get his attention in the City Center pool, where he cooled his fins after appearing at a payday-loan industry event.
http://www.columbusdispatch.com/live/content/local_news/stories/2008/09/29/ANN29.ART_ART_09-29-08_B1_91BF5A5.html?sid=101
"Credit access at crux of Issue 5 debate"
September 26, 2008 - Columbus Business First
The results of a payday lending referendum trying to get on the Nov. 4 ballot likely will affect thousands of Ohioans' jobs and the finances of even more Ohioans who have patronized the industry.
http://columbus.bizjournals.com/columbus/stories/2008/09/29/story3.html?b=1222660800^1706596
"Pastors oppose two Ohio ballot issues"
September 26, 2008 - The Columbus Dispatch
A series of church leaders took to the pulpit yesterday to say that the same greed that created the current problems on Wall Street lies behind two issues on Ohio's statewide ballot.
http://www.dispatchpolitics.com/live/content/local_news/stories/2008/09/26/copy/MORAL_ISSUES.ART_ART_09-26-08_A1_2MBECDH.html?adsec=politics&sid=101
"Groups on Both Sides of Payday Lending Rally At Statehouse"
September 26, 2008 - ONN News
A coalition of Ohio religous leaders and people who want limited government collided at the state capitol over the payday day lending ballot question Thursday.
http://www.10tv.com/live/content/onnnews/stories/2008/09/26/paydaylending.html?sid=102
"Church leaders ask voters to oppose issues"
September 26, 2008 - The Youngstown Vindicator
Faith leaders asked voters to join them in opposing ballot issues related to a new Ohio casino and payday lending.
http://www.vindy.com/news/2008/sep/26/church-leaders-ask-voters-to-oppose-issues/
"Adwatch: Payday loan's Big Brother TV Commercial"
September 23, 2008 - The Columbus Dispatch
This is the latest ad from the payday-lending coalition that wants to stop new payday regulations from taking effect. The ad's major accuracy problem is not what is said, but rather what is omitted.
http://www.dispatchpolitics.com/live/content/local_news/stories/2008/09/23/copy/adpayday23_ART_09-23-08_B8_M1BDE5V.html?sid=101
"Payday industry falls short in Ohio"
September 23, 2008 - Port Clinton News Herald
The payday loan industry has struck out in its initial bid to repeal Ohio's new law cracking down on how much interest it can charge customers.
http://www.portclintonnewsherald.com/apps/pbcs.dll/article?AID=/20080923/UPDATES01/80923022
"Payday petitioners fall short; 10 days to collect more signatures"
September 23, 2008 - Business First of Columbus
Backers of a move to repeal portions of Ohio's new payday lending law have 10 days to collect more than 55,000 valid signatures after Secretary of State Jennifer Brunner ruled Tuesday that the first batch of petitions fell short.
http://www.bizjournals.com/columbus/stories/2008/09/22/daily15.html
"Payday industry falls short in Ohio"
September 23, 2008 - Lancaster Eagle Gazette
The payday loan industry has struck out in its initial bid to repeal Ohio's new law cracking down on how much interest it can charge customers.
http://www.lancastereaglegazette.com/apps/pbcs.dll/article?AID=/20080923/UPDATES01/80923027
"Payday-lending referendum falls short of signatures, Brunner rules"
September 23, 2008 - The Columbus Dispatch
Opponents of a new state payday lending law have fallen short of the number of valid signatures needed to put the referendum on the ballot, Secretary of State Jennifer Brunner ruled today.
http://www.columbusdispatch.com/live/content/local_news/stories/2008/09/23/payday23.html?sid=101
"55,637 more signatures needed to put payday lending issue on ballot"
September 24, 2008 - The Dayton Daily News
Payday lenders have 10 more days until Oct. 3 to gather the additional 55,637 valid signatures needed to get their issue on the Nov. 4 ballot.
http://www.daytondailynews.com/n/content/oh/story/news/local/2008/09/24/ddn092408payday.html
"Paydays fail to overturn Ohio interest rates law"
September 24, 2008 - Forbes.com
The payday loan industry has struck out in its initial bid to repeal Ohio's new law cracking down on how much interest it can charge customers.
http://www.forbes.com/feeds/ap/2008/09/24/ap5464156.html
"Payday issue can't make ballot yet"
September 24, 2008 - The Columbus Dispatch
Opponents of a new state payday-lending law have fallen short of the number of valid signatures needed to put the referendum on the ballot, Secretary of State Jennifer Brunner ruled yesterday.
http://www.columbusdispatch.com/live/content/local_news/stories/2008/09/24/nopayday.ART_ART_09-24-08_B2_VKBDNEE.html?sid=101
"All Eyes on Ohio's Payday Lending Struggle"
September 23, 2008 - WSAZ
Ohio has become the epicenter of a national debate on payday lending restrictions.
http://www.wsaz.com/news/headlines/29543729.html
"All eyes on payday lending struggle in Ohio, Arizona"
September 23, 2008 - The Huffington Post
The payday loan industry is bankrolling ballot issue campaigns in Ohio and Arizona to preserve the average 391 percent annual interest rates they charge, as the two states become the focus of industry watchers and consumer advocates.
http://www.huffingtonpost.com/huff-wires/20080923/payday-loans-ballot/
"Lenders aim for Ohio ballot issue"
September 23, 2008 - The Youngstown Vindicator
The payday loan industry is bankrolling ballot issue campaigns in Ohio and Arizona to preserve the average 391 percent annual interest rates they charge, as the two states become the focus of industry watchers and consumer advocates.
http://www.vindy.com/news/2008/sep/23/lenders-aim-for-ohio-ballot-issue/
"All eyes on payday lending struggle in Ohio and Arizona"
September 23, 2008 - The Associated Press
The payday loan industry is bankrolling ballot issue campaigns in Ohio and Arizona to preserve the average 391 percent annual interest rates they charge, as the two states become the focus of industry watchers and consumer advocates.
http://ap.google.com/article/ALeqM5hUkex67kQ4btbfNPTzH85_Na_QeQD93CB2RO0
"All eyes on Ohio's payday lending"
September 23, 2008 - BG News
Ohio has become the epicenter of a national debate on payday lending restrictions. The payday loan industry is trying to get issues on the November ballot in Ohio and Arizona that would overturn restrictions on the interest rates it can charge. Uriah King, a policy associate at the industry-critic Center for Responsible Lending, says Ohio's size and status as a battleground state make it the center of attention for those watching the payday industry.
http://media.www.bgnews.com/media/storage/paper883/news/2008/09/23/State/All-Eyes.On.Ohios.Payday.Lending-3445737.shtml
"All eyes on Ohio's payday lending struggle"
September 23, 2008 - The Akron Beacon Journal
The payday loan industry is bankrolling ballot issue campaigns in Ohio and Arizona to preserve the average 391 percent annual interest rates they charge, as the two states become the focus of industry watchers and consumer advocates.
http://www.ohio.com/news/ap?articleID=822399&c=y
"All eyes on Ohio's payday lending struggle"
September 23, 2008 - The Cleveland Plain Dealer
The payday loan industry is bankrolling ballot issue campaigns in Ohio and Arizona to preserve the average 391 percent annual interest rates they charge, as the two states become the focus of industry watchers and consumer advocates.
http://www.cleveland.com/newsflash/cleveland/index.ssf?/base/politics-3/1222114142323250.xml&storylist=cleveland
"Monday moanin' and more: Editors' Picks from The PD"
September 22, 2008 - The Cleveland Plain Dealer
Final testing of the latest approach to voting in Northeast Ohio has to wait for a final ballot, which has to wait for a settlement of the payday-lending issue in Columbus.
http://blog.cleveland.com/metro/2008/09/monday_moanin_and_more_editors.html
"Payday loans: Should interest rates be capped"
September 20, 2008 - The Bakersfield Californian
About a third of state governments have followed the federal lead in capping interest rates on short-term loans often used by borrowers who live check to check.
http://www.bakersfield.com/102/story/557668.html
"Ohio - 13,000 Signatures Invalid in Payday Loan Effort"
September 20, 2008 - The Path
The payday industry-backed group called Ohioans for Financial Freedom agreed Friday to take back 12,928 signatures challenged as falsely gathered or fraudulent.
http://www.thepath.fm/news/newsitem.cfm?ID=33041
"Payday lenders toss 12,000 signatures in Ohio ballot effort"
September 19, 2008 - The Cleveland Plain Dealer
Payday lenders agreed to toss out more than 12,000 signatures from a dozen rural Ohio counties for a statewide ballot issue after acknowledging the company doing the gathering didn't fill out the proper paperwork.
http://blog.cleveland.com/openers/2008/09/payday_lenders_toss_12000_sign.html
"13,000 signatures invalid in payday loan effort"
September 19, 2008 - WTTE Fox 28
Nearly 13,000 signatures have been rejected on Ohio petitions to repeal a law restricting payday loans.
http://www.wtte28.com/template/inews_wire/wires.regional.oh/3b56b7b3-www.wtte28.com.shtml
"Payday lending supporters appear to be push polling"
September 19, 2008 - The Cleveland Plain Dealer
Supporters of payday lending apparently are conducting a telephone "push poll" to sway voters on Issue 5.
http://blog.cleveland.com/business/2008/09/payday_lending_supporters_appe.html
"Payday lending campaign agrees to toss disputed signatures"
September 19, 2008 - The Business Courier of Cincinnati
The campaign group that's trying to repeal a key section of Ohio's new payday lending law has agreed to toss out petitions circulated by a California company that failed to file required paperwork prior to gathering voter signatures.
http://www.bizjournals.com/cincinnati/stories/2008/09/15/daily67.html
"13,000 payday signatures will be tossed"
September 19, 2008 - The Columbus Dispatch
About 13,000 signatures collected by California-based Arno Political Consultants on behalf of payday lenders will be tossed out, because the company's supervisors failed to file the proper paperwork.
http://blog.dispatch.com/dailybriefing/2008/09/13000_payday_signatues_will_be.shtml
"Elections board investigating fraud"
September 18, 2008 - Lima News
Possible voter fraud and potential disenfranchisement of voters kept the Allen County Board of Elections busy Thursday morning.
http://www.limaohio.com/news/board_28381___article.html/elections_petitions.html
"Payday loan petitions rife with invalid names"
September 18, 2008 - The Columbus Dispatch
If preliminary numbers hold, it appears payday lenders will have to start looking for more signatures in order to qualify their referendum for the November ballot.
http://www.dispatch.com/live/content/local_news/stories/2008/09/18/copy/payday17.ART_ART_09-18-08_B1_OPBBVQM.html?sid=101
"Voter fraud alleged in statewide ballot issue"
September 19, 2008 - Bucyrus Online
Voter fraud is being investigated in regards to petitions filed on behalf of the Ohioans For Financial Freedom.
http://www.bucyrusonline.com/articles/news/articles/000015/001575.htm
"Payday loan petitions rife with invalid names"
September 18, 2008 - The Columbus Dispatch
If preliminary numbers hold it appears payday lenders will have to start looking for more signatures to qualify their referendum for the November ballot
http://www.dispatchpolitics.com/live/content/local_news/stories/2008/09/18/copy/payday17.ART_ART_09-18-08_B1_OPBBVQM.html?adsec=politics&sid=101
"Questionnaire: Ohio petition circulators got drunk"
September 17, 2008 - WDTN 2
Several people who circulated petitions aimed at repealing Ohio's tough, new payday lending law said in a survey that they were coached to provide inaccurate or misleading information, opponents of the issue said today.
http://www.wdtn.com/Global/story.asp?S=90
"Payday lenders short in first round to get issue to eliminate 28% loan cap on state ballot"
September 17, 2008 - The Cleveland Plain Dealer
Payday lenders are likely to fall short in their initial effort to gather the valid signatures needed to qualify an issue for the statewide ballot that could eliminate a 28 percent cap on the short-term, high-interest loans.
http://blog.cleveland.com/openers/2008/09/payday_lenders_falling_short_t.html
"Petitioners hope to repeal cash-lending law"
September 17, 2008 - The BG News
Throughout the past several months, petitioners in Ohio have been busy trying to collect the necessary amount of signatures needed to change the current cash lending laws.
http://www.bgnews.com/media/storage/paper883/news/2008/09/17/State/Petitioners.Hope.To.Repeal.CashLending.Law-3435088.shtml
"Hearing on payday petitions set for Friday"
September 15, 2008 - The Columbus Dispatch
Secretary of State Jennifer Brunner has tapped a well-known Columbus attorney to decide whether to recommend that a number of payday lending signatures should be tossed out for a paperwork violation.
http://blog.dispatch.com/dailybriefing/2008/09/hearing_on_payday_petitions_se.shtml
"Voters likely to decide payday lending repeal"
September 15, 2008 - NBC4
It appears that voters will get a chance to decide on a repeal of laws governing payday lenders in Ohio.
http://www.nbc4i.com/midwest/cmh/politics.apx.-content-articles-CMH-2008-09-15-0038.html
"Petition practices questioned"
September 13, 2008 - WBNS 10TV
The payday lending issue may get pulled from the November ballot after questions arose about how thousands of petition signatures were collected.
http://www.10tv.com/live/content/local/stories/2008/09/13/Payday_Lending_Ballot_Questions.html?sid=102
"Payday loan signatures to be considered"
September 14, 2008 - The Canton Repository
Supporters of a recently signed law that would restrict payday lenders will get another chance to boot from the November ballot an initiative that would overturn part of the law, Ohio's elections chief said.
http://www.cantonrep.com/index.php?ID=431112&Category=13&fromSearch=yes&subCategoryID=0
"Petition opposing payday lending is questioned"
September 13, 2008 - The Cleveland Plain Dealer
A group campaigning to keep a new payday lending law intact will get another opportunity to try to get an industry-backed referendum booted from the November ballot.
http://www.cleveland.com/news/plaindealer/index.ssf?/base/news/1221294823284330.xml&coll=2
"Payday lending bill"
September 13, 2008 - Coshocton Tribune
On Election Day, I will vote against HB 545, the payday lending bill, and believe everyone who wants to protect the Ohio economy should do the same. This bill has potential to close down the payday lending industry - leaving 6,000 Ohioans out of work and without benefits. In a state that has already lost so many jobs and is losing more as we speak, is that what Ohioans want?
http://www.coshoctontribune.com/apps/pbcs.dll/article?AID=/20080913/OPINION03/809130307
"Editorial: Register now to make sure your voice is heard"
September 13, 2008 - Mansfield News Journal
A couple of times a year, we publish some version of this editorial, reminding residents to become citizens by registering to vote.
http://www.mansfieldnewsjournal.com/apps/pbcs.dll/article?AID=/20080913/OPINION02/809130303
"Yes on Issue 5"
September 14, 2008 - Akron Beacon Journal
In a stunning turn this summer, payday lenders lost their legislative battle to prevent passage of an Ohio law that caps the interest rate they are permitted to charge on small loans. The lenders responded with a strategy: If you fail in the Statehouse, take the fight to the streets. They have submitted signatures petitioning to place Issue 5 on the Nov. 4 ballot. The statewide referendum would be the lenders' effort to reclaim what they lost: the opportunity to charge interest amounting to a 391 annual percentage rate on small, short-term loans.
http://www.ohio.com/editorial/opinions/28363479.html#signanchor
"Brunner to hold hearing on payday lending issue"
September 12, 2008 - The Journal News
Ohio Secretary of State Jennifer Brunner's office will hold a hearing to determine whether the payday lending referendum should be kept off the Nov. 4 ballot.
http://www.journal-news.com/blogs/content/shared-gen/blogs/dayton/ohiopolitics/entries/2008/09/12/brunner_to_hold_hearing_on_pay.html
"Payday lending foes will get another crack at killing referendum"
September 12, 2008 - The Cleveland Plain Dealer
A group campaigning to keep a new payday lending law intact will get another opportunity to try to get an industry-backed referendum booted from the November ballot.
http://www.cleveland.com/realtimenews/index.ssf/2008/09/paydaylending_foes_will_get_an.html
"Don't get suckered: Vote yes on issue 5!"
September 12, 2008 - Akron Beacon Journal
Slicker Farms has been in my family for about 40 years, and for generations has taught my family the nobility of hard work and the value of responsibility.
http://www.ohio.com/editorial/commentary/28276059.html
"Payday lenders"
September 8, 2008 - Zanesville Times Recorder
With names like Check into Cash and It's Always Payday, one would think the payday lending industry is throwing around free money. This is anything but true. Their profits rely on trapping consumers in a vicious cycle of debt exceeding 300 percent annually.
http://www.zanesvilletimesrecorder.com/apps/pbcs.dll/article?AID=/20080908/OPINION02/809080312
"Some states set caps to control payday loans"
September 6, 2008 - The New York Times
Tracey Minda needed cash to buy clothes and school supplies for her 6-year-old son before the 2006 school year. A preschool teacher and single mother, she was broke after making her mortgage and car payments.
http://www.nytimes.com/2008/09/07/us/07payday.html?scp=2&sq=payday%20lending&st=cse
"AG's time to review petitions upheld"
September 5, 2008 - The Columbus Dispatch
Ohio's attorney general can take 10 business days to review petition summary language needed to gather signatures and qualify a referendum for the November ballot, the Franklin County Court of Appeals ruled yesterday.
http://www.dispatchpolitics.com/live/content/local_news/stories/2008/09//05/copy/payday05.ART_ART_09-05-08_B3_9JB821L.html?adsec=politics&sid=101
"Payday lending issue step closer to ballot"
September 3, 2008 - Dayton Daily News
Ohio voters may get the last word on what interest rate payday lenders can charge.
http://www.daytondailynews.com/n/content/oh/story/news/local/2008/09/03/ddn090308payday.html
"Ann Fisher commentary: Misled on petition?"
September 3, 2008 - The Columbus Dispatch
I don't know whether the young man signed the petition. I didn't wait to find out. Heaven knows, he did everything he could to clarify what the payday-lending industry wants from the statewide referendum it hopes to have on the November ballot.
http://dispatch.com/live/content/local_news/stories/2008/09/03/ANN03_ART_09-03-08_B1_S5B7AI2.html?sid=101
"Ohio Chamber's support of payday lending shameful"
September 3, 2008 - The News-Messenger
It's not shocking that the Ohio Chamber of Commerce has lined up with the payday lending industry. The chamber is reflexive in its support of anything that is "pro-business" no matter how extreme or loosely defined "pro-business" is.
http://www.thenews-messenger.com/apps/pbcs.dll/article?AID=/20080903/OPINION01/809030320
"Ohio chambers sides with the bad guys on payday lending"
September 2, 2008 - Dayton Daily News
It's not shocking that the Ohio Chamber of Commerce has lined up with the payday lending industry. The chamber is reflexive in its support of anything that is "pro-business" no matter how extreme or loosely defined "pro-business" is.
http://www.daytondailynews.com/o/content/oh/story/opinions/editorial/2008/09/02/ddn090208chamberxxeb.html
"Payday lenders turn in signatures for Ohio ballot"
August 31, 2008 - WDTN.com
Payday lenders turned in 422,000 petition signatures on Sunday in an attempt to repeal part of a lending law that is one of the strictest of its kind in the nation.
http://www.wdtn.com/global/story.asp?s=8930917
"Thomas Suddes: Paid sick days vs. payday lending"
August 31, 2008 - Dispatch Politics
Like 16-year Gov. James A. Rhodes, the Statehouse business lobbies believe " profit isn't a dirty word in Ohio." To some Ohio business lobbies, hypocrisy must not be a dirty word, either.
http://www.dispatchpolitics.com/live/content/editorials/stories/2008/08/31/sudd31.ART_ART_08-31-08_G5_I6B627V.html?type=rss&cat=&sid=101&title=Thomas+Suddes%3A+Paid+sick+days+vs.+payday+lending%3A+Hypocrisy+is+easy+to+find
"Ohioans need to cut through the confusion and approve Issue 5 - editorial"
August 31, 2008 - The Cleveland Plain Dealer
Issue 5 on Ohio's November ballot, the pay day-lending issue, is a stark face-off be tween fairness and greed. A "yes" vote is a vote for fairness. "Yes" on Issue 5 is the vote Ohioans should cast.
http://www.cleveland.com/editorials/plaindealer/index.ssf?/base/opinion/1220171618297310.xml&coll=2
"Payday lenders exceed number of signatures needed for vote"
August 31, 2008 - The Columbus Dispatch
A new state payday-lending law hailed by consumer advocates as one of the best in the nation takes effect Monday, but lenders in Ohio can pretty much ignore it for now.
http://www.columbusdispatch.com/live/content/local_news/stories/2008/08/31/payday01.html?sid=101
"Payday lending an issue"
August 28, 2008 - The Gallipolis Daily Tribune
Advocates of a new payday lending law recently introduced in Ohio turned to youtube.com, posting a video online warning viewers against alleged deceit by the payday lending industry in gathering signatures for a petition to overturn the new law. The Coalition on Homelessness and Housing in Ohio posted a video on Monday entitled, "I Want My Name Back" featuring residents from around the state who claim that they were misled by petitioners into signing their names in support of the payday lending industry.
http://nl.newsbank.com/nl-search/we/Archives?p_action=doc&p_docid=122DF4199806C5A8&p_docnum=1
"Payday lenders fight efforts to cap interest rates"
August 27, 2008 - WLWT Cincinnati
You may have seen the commercials on Issue 5, which would restrict payday lending.
http://www.wlwt.com/money/17317493/detail.html
"What to do with payday skeletons"
August 28, 2008 - The Other Paper
Tom Dudte, owner of Ameribucks on Kenny Road, is waiting in limbo as he watches one payday lender after another close down. "If you don't have customers always re-borrowing, you're not going to make much money," he said. "I did the best I could. I'd just love to find a buyer right now for my business."
http://www.theotherpaper.com/articles/2008/08/29/front/doc48b5d29002639711381304.txt
"Payday lending controversy hits the airwaves"
August 26, 2008 - The Delphos Herald
"I've been studying this payday issue and you wouldn't believe what our politicians have been up to," says a "farmer" in a recent television ad.
http://www.delphosherald.com/2008/08/26/payday-lending-controversy-hits-the-airwaves/#comment-19410
"Backers of Ohio payday lending law go online"
August 26, 2008 - CNN Money
Up against a multimillion dollar ad campaign, defenders of Ohio's tough new payday lending law are turning to YouTube.com.
http://money.cnn.com/news/newsfeeds/articles/apwire/e47006b00efb6de4d03592b5dc5707a0.htm
"Backers of Ohio payday lending law go online"
August 26, 2008 - Forbes.com
Up against a multimillion-dollar ad campaign, defenders of Ohio's tough new payday lending law are turning to YouTube.com.
http://www.forbes.com/feeds/ap/2008/08/26/ap5360144.html
Ohio payday lenders win the ballot word game
August 24, 2008 - The Cleveland Plain Dealer
For siding, supposedly, with payday lenders -- Scrooges who charge Ohioans 391 percent annual percentage rates -- Secretary of State Jennifer Brunner is getting a bad rap. She says she doesn't deserve it.
http://blog.cleveland.com/pdopinion/2008/08/ohio_payday_lenders_win_the_ba.html
"Payday lenders misled voters, state rep says"
August 23, 2008 - The Lorain Morning Journal
Payday lender petitioners are seeking to collect 241,365 valid signatures so that voters can decide in November whether to support a new law that would set the industry's interest rate at 28 percent, down from the current rate of 391 percent.
http://www.morningjournal.com/articles/2008/08/23/news/doc48af8158f3e6b022955985.txt
"Opponents want Ohio payday issue petitioners probed"
August 22, 2008 - Akron Beacon Journal
Consumer advocates have asked Franklin County election officials to investigate whether people circulating petitions to get a proposed payday loan issue on the ballot deceived voters to secure signatures.
http://www.ohio.com/news/ap?articleID=694224&c=y
"Lundy: Payday loan petition deceiving"
August 4, 2008 - The Chronicle Telegram
Consumer advocates have asked Franklin County election officials to investigate whether people circulating petitions to get a proposed payday loan issue on the ballot deceived voters to secure signatures.
http://www.chroniclet.com/2008/08/24/lundy-payday-loan-petition-deceiving_122/
"Payday ad: Payday loans are consumers' choice"
August 22, 2008 - The Akron Beacon Journal
The Ohio Legislature passed a bill earlier this year that severely restricts interest rates lenders can charged on so-called payday loans. The bill, signed into law and set to take effect Sept. 1, does not outlaw the loans, however, as the ad suggests. It limits such loans to four per consumer per year and restricts the interest rate that can be charged. An issue opponents of the law seek to get on the November ballot would repeal those two provisions.
http://www.ohio.com/news/ap?articleID=692999&c=y
"Scoundrels"
August 23, 2008 - Zanesville Times Recorder
On Sunday, I was at the Colony Square Mall with my dad. As we were exiting the mall, a young solicitor seeking signatures asked us to sign a petition to drop interest rates on loans from 35 percent to 5 percent. I recognized immediately that this was a fraudulent representation as this was for the payday lending industry initiative and we walked away. The proponents of turning over the legislation to protect Ohioans from predatory lending practices are apparently stooping to lying to get their initiative on the Ohio ballot.
http://zanesvilletimesrecorder.com/apps/pbcs.dll/article?AID=/20080823/OPINION03/808230336/1014/rss04
"Opponents want Ohio payday issue petitioners investigated"
August 23, 2008 - The Newark Advocate
Consumer advocates have asked Franklin County election officials to investigate whether people circulating petitions for a proposed payday loan ballot question deceived voters to secure signatures.
http://newarkadvocate.com/apps/pbcs.dll/article?AID=/20080823/NEWS01/808230304/1002/rss01
"Foes of repeal of cap on payday loans ask for probe of petition practices"
August 23, 2008 - The Cleveland Plain Dealer
Opponents of a proposed ballot issue that would lift a 28 percent interest rate cap on payday loans asked election officials Friday to investigate whether payday petition peddlers are lying.
http://www.cleveland.com/news/plaindealer/index.ssf?/base/news/1219480502114810.xml&coll=2
"Those phony petition claims"
August 19, 2008 - Toledo Blade
THE group behind the attempt to repeal Ohio's consumer-friendly payday lending law claims its petition force has been extensively trained. But there is evidence that those gathering signatures for the proposed referendum aren't playing it straight.
http://toledoblade.com/apps/pbcs.dll/article?AID=/20080819/OPINION02/808190311
"Board decision sets up a Yes or a No vote"
August 18, 2008 - The Canton Repository & Toledo Blade
Payday lenders in Ohio won two battles this week. The Ohio Ballot Board, which determines what language is to be placed on a ballot, sided with lenders who objected to language that would have detailed how much interest they conceivably could charge on a loan...as much as 391 percent. The panel concluded that allowing such information would be prejudicial.
http://www.cantonrep.com/index.php?ID=426156&Category=3&subCategoryID
"Financial freedom isn't free"
August 17, 2008 - Akron Beacon Journal
The poor payday lending industry is being picked on by a group of people who want nothing more than to displace 6,000 workers, shutter the doors of 1,500 storefronts statewide and lower interest rates on short-term loans from 391 percent annually to a measly 28 percent.
http://www.ohio.com/news/willard/27065614.html?page=all&c=y
"State of Confusion"
August 18, 2008 - The Columbus Dispatch
Payday-loan supporters who seek to overturn recent legislation that they say will destroy their industry repeatedly have failed to accurately explain their proposed referendum.
http://www.dispatch.com/live/content/editorials/stories/2008/08/18/paylenders.ART_ART_08-18-08_A6_ISB1CU0.html?sid=101
"Payday lenders are still hungry to cash in big"
August 18, 2008 - The Dayton Daily News
The payday lending industry has decided that, by hook or crook, it's going to overturn a new state law outlawing it from charging exorbitant interest rates. It really thinks that if it spends enough money peddling enough lies that people will support having a "choice" to be ripped off.
"Marty McCarty: Payday loan petitioners cause stir:August 17, 2008 - Dayton Daily News
Circulators of a petition to overthrow Ohio's new payday lending law are showing up in the most unlikely places. http://www.daytondailynews.com/o/content/oh/story/opinions/columns/2008/08/17/ddn081708mary.html?cxntlid=inform_artr
"'Yes' vote will mean no' to payday-lending excess"
August 15, 2008 - The Columbus Dispatch
If you know the answer, congratulations, you're ready to vote in November to determine the fate of payday-lending interest rates in Ohio.
http://www.dispatchpolitics.com/live/content/local_news/stories/2008/08/15/copy/BallotLanguage.ART_ART_08-15-08_B3_J0B1IK7.html?adsec=politics&sid=101
"Critics in Ohio questioning payday lending signatures"
August 15, 2008 - Chillicothe Gazette
People gathering petition signatures to help repeal one of the nation's toughest payday lending laws are misleading voters, critics said Tuesday.
http://chillicothegazette.com/apps/pbcs.dll/article?AID=/20080815/NEWS01/808150306/1002/rss01
"Payday lenders' high rate won't be on Ohio ballot"
August 15, 2008 - The Chronicle Telegram
Payday lenders won an argument with the Ohio Ballot Board Thursday that they couldn't win with the Legislature that payday loans shouldn't be described using the high annual percentage rate that has come to define the industry.
http://www.chroniclet.com/2008/08/15/payday-lenders'-high-rate-won't-be-on-ohio-ballot_122/
"Ballot taking shape on Ohio's new payday-lending law"
August 15, 2008 - The Toledo Blade
In perhaps the first battle of the Nov. 4 election, both sides of an effort to keep a new payday lending law from taking effect managed to inflict a few wounds yesterday.
http://toledoblade.com/apps/pbcs.dll/article?AID=/20080815/NEWS24/808150328
"Payday lenders win fight on ballot language to overturn reforms"
August 14, 2008 - The Cleveland Plain Dealer
The lenders prevailed after hours of contentious sparring in front of the Ohio Ballot Board on Thursday as the five-member panel hashed out ballot language for a proposed repeal of payday lending reforms.
http://blog.cleveland.com/openers/2008/08/payday_lenders_win_fight_on_ba.html#preview
"Payday ad 'Mom' makes point, but the cost is accuracy"
August 13, 2008 - The Cleveland Plain Dealer
The Plain Dealer, in cooperation with The Canton Repository, The Cincinnati Enquirer, The Columbus Dispatch and Dayton Daily News, is rating political advertisements this election season.
http://blog.cleveland.com/openers/2008/08/ohioans_for_financial_freedom.html
"Ohio panel mulls wording on ballot issues"
August 14, 2008 - The Cleveland Plain Dealer
A state panel is meeting Thursday to decide the easiest, fairest and shortest way to explain three contentious ballot issues to voters this fall.
http://www.cleveland.com/newsflash/cleveland/index.ssf?/base/politics-2/1218739446192590.xml&storylist=cleveland
"Payday loan petitions doubted"
August 13, 2008 - Public Radio
Ohio's payday loan stores are working to overturn a new law that limits the interest rate they can charge for short-term loans. Storeowners are paying for a petition drive. They want to collect enough signatures to force a statewide vote on the new limits in November, hoping that voters will reject the law. Some petition circulators, though, are using a misleading sales pitch to convince people on the street to sign their names. Ohio Public Radio's Bill Cohen has the story.
http://www.wcpn.org/index.php/WCPN/news/13623/
"Critics question payday signatures"
August 13, 2008 - Zanesville Times Recorder
People gathering petition signatures to help repeal one of the nation's toughest payday lending laws |