Friday, October 10, 2008

Yes on Issue 5

From my inbox


Good evening!

The national payday-lending lobby currently has its 5th ad on the air. We have our first -- on cable only. The Is 391% Too High? Vote Yes on Issue 5 Committee is leading an uphill fight for the YES vote on Issue 5 and we'd really appreciate it if you could post our new ad on your blog.



Two additional clever, funny and very low budget videos we put together are available here: http://www.yesonissue5.com/videos.html

Thank you very much!

Kelan

Kelan Craig
IS 391% TOO HIGH? VOTE YES ON 5 COMMITTEE
www.yesonissue5.com


Comments

2 comments:

  1. What about 6000 jobs?The same people that have no problem putting KENO in bars,want payday lending banned?Financial choice is basic freedom and what some people think wouldnt be a good choice for them have no problem making that choice for people who may need the service.I disagree whole heartedly with you on this.It's my money it should be my choice.VOTE NO ON 5

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  2. I have hard time believing people choose to go into debt - I'm betting the 391% interest rates make that choice for them! What kind of financial freedom is it to be in need of money and have a payday lender take advantage of that with outrageously high interest rates?

    A 28% rate cap makes sense - people will have actually have a chance to pay off their loan and get on with their lives.

    Sorry, you just can't convince me that creating debt is a good deal for anybody. And please don't try to argue that payday lending doesn't pull people into debt - there are over 300,000 Ohioans who will disagree.

    Vote Yes on Issue 5!

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