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June 26, 2009

AZ Daily Star: Congress should protect all from payday loans

Our view: Bill would extend safeguards that cover the military to rest of society
Congress is finally attempting to do for the general public what it did three years ago for military members — protect them from predatory payday lending.

The Protecting Consumers from Unreasonable Credit Rates Act of 2009, sponsored by U.S. Rep. Jackie Speier, D-Calif., [...]


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June 15, 2009

AZ Republic: Push to enshrine rates for payday loans flawed

Today’s Republic Editorial:
The payday-loan industry is the subject of efforts in Congress aimed at fixing things that Arizonans recognized as problematic last November.
The challenge for members of the national Democratic majority - who have long claimed the mantle of consumer advocate - is to choose as wisely as Arizona voters did.
Democratic Rep. Luis Gutierrez’s House [...]


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June 9, 2009

The “400 Faces” Campaign Launches

by Adam Doster, Progress Illinois:
Efforts to rein in the payday lending industry may have stalled in Springfield last month, but the battle in Washington is just heating up. After holding a hearing in April, Rep. Luis Gutierrez will likely bring his Payday Loan Reform Act of 2009 up for a committee vote this session. And [...]


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June 5, 2009

Bishop calls for end to payday loans

United Methodist News Service reports:
When she became ill, a widow living on $500 a month couldn’t pay her medical bills and still meet her basic cost of living. She didn’t want to be a burden to her children so she got a “payday loan,” thinking when she was well enough she could earn some extra [...]


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May 27, 2009

USA Today - Our view on consumer protection: Beyond credit card reform

Today’s USA Today Editorial:

Why not scrutinize financial products before they’re offered?
Consumers won a big victory last week when Congress passed and President Obama signed a measure to rein in some of the credit card industry’s most abusive practices.
But faster than the president could sign the bill into law, the credit industry was already planning “innovations” [...]


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May 18, 2009

NYT: 36 Percent Is High Enough

In today’s New York Times:
Editorial –
Federal regulators made a disastrous decision when they allowed banks to evade one state’s interest-rate restrictions by incorporating in another state that had no such restrictions. As a result, customers everywhere have been socked with ruinous interest rates, penalties and fees that would once have been illegal under state usury [...]


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April 13, 2009

NY Times: 391 Percent Payday Loan

April 11, 2009

AZ Daily Star: Some in D.C. take wrong side on payday loans

April 10, 2009

Rollover Bans Don’t Stop Payday Trap

April 9, 2009

Congress Going Easy on Payday Loan Dealers

April 8, 2009

Gutierrez Proposes Weak Reform of Payday Lenders

April 5, 2009

D.C. payday lender bill jeopardizes AZ law

April 5, 2009

The Consumerist: House Preparing to Legalize Payday Loans with 391% APRs

April 5, 2009

Payday loan industry turns to Congress

March 6, 2009

Republic: Hearing on high-interest loan bill postponed

March 5, 2009

AZ Daily Star: Legislature must reject predatory loan measure

March 5, 2009

Republic: Bill that permits triple-digit loan interest revived

March 3, 2009

Republic: House panel rejects bill on loan interest

February 23, 2009

MSNBC: Payday loan company settles for $2.5 million

January 29, 2009

AZ Consumers Council: Payday lenders - A cure that worsens the disease

January 17, 2009

Trib: Mesa to fight any help for payday lenders

December 29, 2008

Arizona Republic letters: Legislator caving in on payday loans

December 22, 2008

NPR Marketplace: Financial products need new regulation

December 8, 2008

Daily Star: Ballot failure costly for payday lenders

November 21, 2008

The Economist: Casting out the money-lenders

November 12, 2008

Star Editorial: Payday lending industry down, but not out

November 11, 2008

Howard Fischer: Payday-loan industry in quandary

November 10, 2008

Daily Star: Future of payday loans lies with lawmakers

November 10, 2008

Arizona Republic: Vote may be the end of payday lenders

November 8, 2008

Check Into Cash to keep Ohio, Arizona stores open

November 7, 2008

Voters reject 400 percent interest payday loans

November 6, 2008

East Valley Trib: Payday lenders ponder next move after defeat

November 5, 2008

Cleveland Plain Dealer: Payday lenders lose big in Ohio - and deservedly so

November 5, 2008

Star: Grass roots trump cash on Prop. 200

November 4, 2008

WE DID IT!

November 2, 2008

Shriver Center: Arizona and Ohio Ballot Measures May Curtail Reasonable Payday Loan Regulations

November 1, 2008

East Valley Trib: Prop 200 payday loan reform ads not telling whole story

October 31, 2008

Letters: PREYday loans

October 31, 2008

Tucson Citizen: Payday loan industry’s deceitful tactics seek to fool voters

October 30, 2008

Arizona Republic: Reject Prop 200

October 30, 2008

TZR: Religious leaders unite to oppose Prop 200

October 28, 2008

Wall Street Journal: Payday Lenders Back Measures to Unwind State Restrictions

October 27, 2008

AZ Republic: Prop 200: It won’t fix payday loans

October 22, 2008

Eastern AZ Courier: Vote ‘no’ on Payday Loan Reform Act

October 22, 2008

Payson Roundup: Our view on perplexing propositions

October 21, 2008

AZ Republic: 5% of UA freshmen obtained payday loan

October 21, 2008

Sierra Vista Herald: Vote ‘no’ on Prop. 200

October 20, 2008

AZ Daily Star: VOTE NO on Prop 200

October 16, 2008

AZ Daily Sun: Payday loan campaign a shameful exercise in direct democracy

October 15, 2008

Yuma Sun: Payday loan causing Yuma woman financial hardship

October 12, 2008

Arizona Republic: Against Prop. 200

October 12, 2008

Arizona Republic: Industry [says] “Prop 200 payday-loan rules help all”

October 11, 2008

Laurie Roberts, AZ Republic: “fibs, falsifications and fairy tales”

September 23, 2008

Washington Post: All eyes on payday lending struggle in Ohio, Ariz.

September 19, 2008

AZ Capitol Times: Prop 200 offers consumer choice or debt trap — take your pick

September 17, 2008

AZ Daily Star: Revealing truth about predatory payday lending

September 17, 2008

EVT: Goddard decries payday loans; urges voters to reject Prop. 200

September 16, 2008

Republic: Goddard opposes raising payday loan rates

September 11, 2008

Bishop Kirk S. Smith Urges NO on 200

September 7, 2008

NYT: Some States Set Caps to Control Payday Loans