No On 200: It’s No Reform At All

We’re on a roll! Thank you!

Friends,

We did it!  You did it!  It is clear that high-cost lenders are not wanted in Arizona, and YOU made sure our policymakers know it.

Today, the House Committee on Transportation and Infrastructure was supposed to vote on a high-cost, predatory loan bill, HB2071 (the same one you helped defeat on Monday).  After receiving your phone calls, emails, and continued engagement, the committee chairman, Rep. Andy Biggs (the bill’s primary sponsor) decided to take it off the agenda.  Because of you, he didn’t have the votes.

THANK YOU!  This week’s victories are proof that the democratic process works.  It works because you made your voices heard.

With every victory, we should take a moment to celebrate.   We’re fighting for consumers’ rights, and we’re winning.

But as always, we must remain vigilant.  The session is not over, and neither is our work.

Since we know the fight is not over, we need to make sure we have the resources to mobilize when this or other predatory lending bills are revived.  Please make a donation of $25 today to help Arizonans for Responsible Lending continue to fight back!

Thank you to the members of the House Transportation and Infrastructure Committee who were ready to vote against this bill today.

And thank you to the four members of the House Banking and Insurance Committee who correctly voted against it the first time it was heard this week:  Doug Quelland (R – Dist 10),  Cloves Campbell, Jr (D – Dist 16),  Robert Meza (D – Dist 14), and David Bradley (D – Dist 28).

Most importantly, thank you to all of the individuals and organizations who spoke out to oppose the bill, including:   Arizona Community Action Association; Protecting Arizona’s Families Coalition (PAFCO); Office of the Attorney General Terry Goddard; Arizona Consumers Council; AARP Arizona; Children’s Action Alliance; Arizona PIRG; Consumer Federation of America; Arizona Daily Star; Center for Responsible Lending; Society of St. Vincent de Paul; SEIU Arizona; and the William E. Morris Institute for Justice.

Thank you again for all that you do.

Sincerely,

Kelly

Kelly Griffith
Arizonans for Responsible Lending
www.NoMoreLoanSharks.com




© 2008 Paid for by Arizonans for Responsible Lending, No on 200.
Senator Debbie McCune Davis and Hon. Marian McClure, Co-Chairs

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