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Strong Opposition to Payday Loans Among Republican Caucus-goers in Iowa

February 8, 2016
Research

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.

View the polling questions and topline results. (PDF)