The Ohio Payday Lender rate of interest Cap Referendum, also called Referendum 5, had been from the 4, 2008 ballot in Ohio as a veto referendum, where it was approved november. The measure approved legislation that capped the interest that is maximum payday lenders may charge at 28% as well as the optimum loan quantity at $500. 1
Election results
| Ohio Referendum 5 (2008) | ||||
|---|---|---|---|---|
| outcome | Votes | Percentage | ||
| a Yes | 3,396,968 | 63.61percent | ||
| No | 1,943,721 | 36.39% | ||
Text of measure
The language showed up in the ballot as: 2
Continuer la lecture de « Ohio Payday Lender Rate Of Interest Cap »