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AzCC Letter to the Editor: Just Say No to Pay Day Lenders
The Arizona Consumers Council sent this letter to the Prescott Daily Courier, in response a letter from the Center for Consumer Freedom (an astroturf organization) that suggested that imposing fee caps on pay day loans will cut off a necessary resource.
Dear Editor:
In 2008, pay day lenders funded a pricey initiative
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Arizona Opponents of Payday See HB2161 Postponed
On Monday the House Banking and Insurance Committee decided not to discuss and vote on HB2161. The bill apparently will undo regulation on payday loans set to go into effect this year. Consumer advocates from Center for Economic Integrity, Center for Responsible Lending, No More Loan
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Arizonans United Against Abuses of Payday Lending
In a No More Loan Sharks press release for January 14, 2010, Arizonans for Responsible Lending and consumer advocates spoke out at the Arizona State Capitol against the abuses of payday lending, and the continued attempts by industry lobbyists to overturn Arizona voters' desire for protection. Viewed
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Consumer Alert on Payday Lending and Other Debt Traps
Consumer Federation of America (CFA) offers consumers important information on the risks of repeat short-term loan borrowing, triple-digit interest rates and unfair banking tactics. For more information visit paydayloaninfo.org.
Defeat Pay Day Lenders
Help Defeat Payday Lenders in Congress
Having suffered defeats in states around the country, including Arizona, payday lenders have turned to Congress. Representative Luis Gutierrez has introduced H.R. 1214--misnamed The Payday Loan Reform Act of 2009--which is just another measure from payday lenders that masquerades as reform. Instead of
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Predatory ‘Payday’ Lending: Tucson Citizen Op Ed by AZCC Executive Director Leslie Kyman Cooper
Leslie Kyman Cooper, Executive Director Arizona Consumers Council, responds to the Tucson Citizen Center for Economic and Education Literacy opinion editorial column on payday lending. Visit tucsoncitizen.com for more information.
Arizona Consumers Vote No: Payday Loan Prop 200 Rejected
Election Day 2008: Arizona voters rejected Proposition 200 which claimed payday lending reforms and offered none of substance. Arizonans for Responsible Lending, American Association of Retired Persons (AARP) and Consumer Federation of America, among other consumer groups, were instrumental in getting the word out to voters, assisting them in making
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Payday Loan Prop 200 Rejected
With a resounding No on Election Day 2008, Arizona voters rejected Proposition 200 which claimed payday lending reforms and offered none of substance. Arizonans for Responsible Lending, American Association of Retired Persons (AARP) and Consumer Federation of America, among other consumer groups, were instrumental in getting the word out
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