In any prosecution under sections 2905.21 to 2905.24 of the Revised Code, if it is shown that any of the following factors were present in connection with the extension of credit, there is probable cause to believe that the extension of credit was extortionate:
(A) The extension of credit was made at a rate of interest in excess of that established for criminal usury;
(B) At the time credit was extended, the debtor reasonably believed that:
(1) One or more extensions of credit by the creditor were collected or attempted to be collected by extortionate means, or the nonrepayment thereof was punished by extortionate means;
(2) The creditor had a reputation for the use of extortionate means to collect extensions of credit or punish the nonrepayment thereof.
Effective Date: 10-09-1978 .