Public Opinion Strategies conducted a survey of 400 likely Republican caucus-goers in Iowa. The survey was conducted December 14-16, 2015 and has a margin of error of +4.9% in 95 out of 100 cases. Three hundred (300) interviews were conducted with land-line respondents and 100 interviews were conducted with cell phone respondents. Key findings included:
- Republican caucus-goers in Iowa are strongly opposed to companies issuing payday loans in the state.
- Opposition to issuing payday loans in Iowa increases when caucus-goers learn that the average payday loan in the state carries a two-hundred and sixty-eight annual percentage rate (APR).
- There is significant support for increasing protections for consumers who use payday loans.
- There is very strong support for two specific protections for consumers who use payday loans.