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Should pay day lenders be limited to charging a 36% interest rate on short term loans?

Results from Democrats

Last answered 4 weeks ago

Measure 21 Poll Results for Democrats

Yes

447 votes

82%

No

100 votes

18%

Distribution of answers submitted by Democrats.

2 Yes answers
2 No answers
0 overlapping answers

Data includes total votes submitted by visitors since Oct 20, 2016. For users that answer more than once (yes we know), only their most recent answer is counted in the total results. Total percentages may not add up to exactly 100% as we allow users to submit "grey area" stances that may not be categorized into yes/no stances.

Yes No Importance

Learn more about Measure 21

Measure 21 will limit the interest rates pay day lenders can charge consumers to 36%. Proponents argue that pay day lenders are loan sharks who take advantage of low-income people by charging them interests rates above 500%. Opponents argue that pay day lenders provide loans to people who can't get them at regular banks and the government should not regulate what interests rates they charge.  See recent Measure 21 news

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