Is 391% APR TOO HIGH? YES! Vote YES on 5!





Voter Information

There are 391 Reasons to Vote YES on Issue 5. Here are just 5:
 
1. Yes on 5 lowers interest rates on payday loans from 391% to 28% annual interest.
 
2. Yes on 5 ensures that loans will still be available for people who need them, but the interest rate is reduced so that it is comparable to the rates charged by credit cards.
 
3. Yes on 5 helps prevent Ohioans desperate for quick cash from falling into a cycle of high-cost loans that they can never pay off.
 
4. Yes on 5 extend the same payday loan protections to all Ohioans that the federal government provides to military families.
 
5. Yes on 5 approves the new laws endorsed by Governor Strickland and the Republican and Democratic leaders of the Ohio Legislature. They believe the state has a fundamental obligation to protect Ohioans from excessive interest rates and defective financial products.
 
Is 391% too high? If you say YES, then VOTE YES ON ISSUE 5!

WHAT IS ISSUE 5?
Read ISSUE 5 ballot language!

ISSUE 5

Registration Information

The Ohio Secretary of State provides online services that allow registered voters to locate their polling place prior to the election. Simply supply your name and address and the web site will tell you where you should vote.


How to Register
The Ohio Secretary of State provides extensive information on how to register to vote on this page.


Download a Registration Form
This form will allow you to register to vote.

Download the AG's "Understanding Payday Lending" Brochure
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