The payday lenders in the March 5 edition of the Arizona Capitol Times, three of the state’s chambers of commerce ran a full-page ad on page 2 supporting the “short-term consumer financing industry,” or in English.
When you look at the advertisement, they drag out of the old point that is talking “reasonable legislation” and end using the admonishment, “Support Payday Loan Reform!” Where have we heard that certain before?
Some of us who had been around throughout the Proposition 200 battle in 2008 are aware of this industry’s expensive taste to promote and free association utilizing the truth. Continue reading “Help for payday loan providers grows where cash flows”