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.
75% Yes |
25% No |
63% Yes |
21% No |
12% Yes, pay day lenders take advantage of the poor. |
4% No, the government should regulate private lenders. |
See how support for each position on “Measure 21” has changed over time for 3.3k America voters.
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See how importance of “Measure 21” has changed over time for 3.3k America voters.
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@ISIDEWITH9yrs9Y
Last Spring the U.S. Senate defeated The Bank on Students Emergency Loan Refinancing Act by a vote of 58-38. The act, proposed by Senator Elizabeth Warren (D-MA) would lower the interest rate on existing student loans from 7% to 3.86%. The act would be financed by levying a mandatory income tax of 30%…
@ISIDEWITH1yr1Y
Countries that have mandatory retirements for politicians include Argentina (age 75), Brazil (75 for judges and prosecutors), Mexico (70 for judges and prosecutors) and Singapore (75 for members of parliament.)