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





Transcript: Circulator Number Two

Friday August 1, High Street, just east of the downtown
Approximately 2:40
Circulator identified himself as James

James: "You a registered voter?"

Sandy: "Yes"

James: "Would you like to try and save 6000 Ohio jobs?"

Sandy: "What kind of jobs are they?"

James: "They are the check cashing places actually. The rates are so high to where that we have to get everybody to sign so we can bring the rates down and if we don't they'll all lose their jobs."
Sandy: "Is this the payday lending stuff?"

James: "Yes ma'am."

Sandy: "I thought they were the ones who wanted the rates high."

James: "Uh uh, they're trying to bring the rates down... they're trying to get one flat rate so when you go out and get your money you won't have to pay all the interest and stuff."

Sandy: "What would the rates go from and to?"

James: "I think it's 1%"

Sandy: "So it would go down to 1%?"

James: "Yes ma'am."

Sandy: "1% a year?"

James: "I just remember 'em saying 1%..."
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