The following will help you to understand why you should vote NO on Ohio Ballot Issue Five:

Ohioans For Financial Freedom, the official website of The Committee to Reject H.B. 545.

Testimony: Regulation of Payday Lending in Ohio, the testimony of Tom Lehman, Ph.D., Associate Professor of Economics at Indiana Wesleyan University, to the Ohio General Assembly Senate Finance and Financial Institutions Committee on May 7, 2008. You will find it hard to believe that the committee heard this testimony from Professor Lehman and still recommended the passage of HB545.

Research and Reports compiled by the Community Financial Services Association. This includes customer satisfaction surveys which clearly show that a large majority of people who have used payday loans consider them to be a useful financial service. It also includes details of a study which shows that "bounced check loans" in the form of bank overdraft fees are many times more expensive than payday loans.

Freedom Means Responsibility, an OpEd piece by former U.S. Senator and Presidential candidate George McGovern.

Predatory Reporting on Payday Lending by Donald Rieck, Executive Director of the Statistical Assessment Service (STATS) at George Mason University, a nonprofit, nonpartisan research organization.

Payday Lending Trapping Communities Of Color? a 12-minute debate on National Public Radio between Niger Innis, national spokesperson for the Congress of Racial Equality, and Keith Corbett, Executive Vice President of the Center for Responsible Lending.

---

Copyright 2008 NoOnIssueFive.com
This website is not affiliated with The Committee to Reject H.B. 545.