Undecided voters to decide payday lending issue

CLEVELAND -- More than 1 in 5 Ohio voters still have not made up their minds on Issue 5, which would put limits on so-called payday lenders in the state.

An exclusive poll conducted over the weekend by SurveyUSA for WKYC-TV found 22% of Ohio voters have not decided which way to vote on Issue 5.

Among other restrictions, Issue 5 would limit annual interest rates charged by payday lenders and limit the number of loans an individual could take out.

The poll found 41% of Ohio voters voting against Issue 5, which is a vote against the proposed new restrictions. Thirty-seven percent are in favor of the statewide issue, with the remaining 22% undecided.

In the last week the gap has narrowed. On October 28, Issue 5 was losing by 9%. Today the margin is only 4%. The only area of the state in which Issue 5 was being supported is in Columbus, where it is ahead by 4%, according to SurveyUSA.