por Eduardo Bernal, La Voz:

Hace más de un año los electores del estado de Arizona aprobaron una ley que regula las prácticas codiciosas de negocios de préstamos.

Ahora, un legislador republicano desea que esta ley se revoque antes de que entre en vigencia el próximo 1 de julio y más de 3 mil personas pierdan su fuente de trabajo. Según Andrew Tobin, líder de la mayoría de republicanos en la Legislatura de Arizona, su iniciativa es para que más de 3 mil personas no pierdan su trabajo. Salvo que se la ley se modifique, esos negocios continuarían realizando préstamos de corto plazo y con elevadas tasas de interés. Del mismo modo, el legislador explicó que existe una demanda aparente para préstamos y que el estado no debería prohibir su existencia ni cohibir a los consumidores de que soliciten dichos préstamos.

El pasado jueves 14 de enero, un grupo bipartidista de ambas cámaras del Congreso estatal, en conjunto con activistas comunitarios, decidieron unir fuerzas para abolir esta propuesta de ley patrocinada por Tobin.

“Antes del año 2000, la tasa de interés dentro la ley de usurería en Arizona era del 36 por ciento, luego el estado decidió crear una disposición que permitiría a los negocios ‘payday loans’ cobrar un interés más alto […] ese experimento falló”, explica el líder de la mayoría del Senado, Chuck Gray.

En su visión, el hecho de que estas compañías cobren 400 por ciento de interés, presionando a las familias con ese tipo de deudas en esta etapa de crisis económica es irresponsable.

Aunque Tobin explica que la propuesta HB 2161 es distinta a la que los votantes rechazaron en el 2008, un análisis de la misma demuestra que algunas de las provisiones son exactamente las mismas.

Según David Higuera, consejero político de la organización Arizonenses para Prestamos Responsables, los votantes del estado de Arizona ya rechazaron la propuesta de ley en el 2008 por un margen de 60 por ciento en contra, lo que representa alrededor de 1.3 millones de personas.

“El hecho de que el representante Tobin quiera cambiar la voluntad de la gente y busque darle prioridad a las compañías prestamistas es irresponsable. Creemos que estos negocios deberían acatar la ley y no cobrar más del 36 por ciento en tasas de interés bajo ninguna circunstancia”, explica Higuera.

Debbie McCune Davis, senadora de Phoenix por el distrito 14, explica que al igual que la propuesta 200, la HB 2162 ofrece falsas reformas mientras clandestinamente trata de beneficiar a compañías prestamistas.

“Los electores ya votaron sobre este tema y la voluntad de la comunidad debería ser respetada”, explico la legisladora.

Daniel Patterson, representante del distrito 29 en Tucson, Arizona, declaró en conferencia de prensa que el representante Tobin, quien no cuenta con otro co-patrocinador de la propuesta, no respeta la voluntad de los electores.

“Las familias de Arizona ya se hicieron escuchar, dijeron que no quieren más prestamistas depredadores que dañen la economía estatal con sus prácticas”, enfatiza Patterson.

En este respecto, Higuera explica que la economía es afectada ya que una familia que está pagando 400 por ciento en tasas de interés limita su consumo en bienes y servicios, lo cual podría contribuir en la reactivación de la economía local.

“Por ejemplo, por un préstamo de 300 dólares el deudor debería pagar 800 dólares, lo cual es ridículo; la gente cree que este es un buen negocio en corto plazo, pero luego se dan cuenta que realmente no vale la pena porque terminan pagando cuatro veces más el total de la deuda”, expone el representante de Arizonenses para Prestamos Responsables.

De acuerdo con fuentes extraoficiales, en las próximas semanas el Comité en Banca y Seguros se reunirá para discutir la propuesta, ellos decidirían si es viable una reforma que beneficie a los “payday loans”.

“El costo de mantener esta industria como esta, aun perdiendo puestos de trabajos –- que en realidad las estadísticas demuestran que el promedio de estadía de un empleado en su puesto no es mayor a un año –  es más alto que los beneficios”, dijo Higuera.

En cuanto a lo que la comunidad puede hacer para evitar que la voluntad de la comunidad sea revocada, Higuera explica que todos deberían estar alertas de lo que se está discutiendo en el Comité en Banca y Seguros y presionar a los legisladores de cada distrito para que esta disposición no pase a votación.

Contacte al reportero: edward.bernal@lavozarizona.com

On Monday, the House Banking and Insurance Committee will hear HB 2161: payday loans; regulation.

This is Rep. Andy Tobin’s bill that would overturn the will of the voters and authorize 400% interest payday loans forever.

If you agree that THE SUN MUST SET on 400%, we need you to act now!

The payday lenders are making the rounds, trying to woo your elected representatives into believing that the deceptive “reforms” they promise in this bill will eliminate the Payday Loan Debt Trap.

But make no mistake: IF THIS BILL PASSES, THE DEBT TRAP WILL CONTINUE!

When you put aside the smoke and mirror “reforms,” all this bill does is repeal the 2010 Sunset date — the date that Arizonans voted to uphold; the date that forces payday lenders to cap their loans at 36% APR like other lenders!

Now, these legislators need to hear from YOU.

Come to the hearing on Monday and

Contact the Committee Members TODAY!

Your message can be short and to the point:

• The voters have spoken!  We said “NO” to 400% payday loans loud and clear.
  ~
• HB 2161, just like Prop. 200, hides payday loans’ 400% interest rates amidst a myriad of meaningless “reforms.”
  ~
• HB 2161 will result in thousands of Arizonans trapped in debt, year in and year out.  It will continue to allow out-of-state companies to drain $150 million dollars from the state each year in fees stripped from trapped borrowers.
  ~
• Vote NO on HB 2161 and do as the voters demanded:  LET THE SUN SET ON 400%!
  ~

JOIN US MONDAY

AT THE STATE CAPITOL:

HOUSE BANKING AND INSURANCE COMMITTEE

MONDAY, JANUARY 25th
2:00 p.m. Hearing
House Hearing Room # 5

Arrive by 1:15 p.m. to ensure you get a seat!

State Capitol
House of Representatives
1700 W Washington Street
Phoenix AZ 85007

2:00 p.m. — Committee Meeting begins, BUT COME EARLY!

The payday lenders will try to pack the house with their “satisfied customers” and employees, who likely will be paid to attend.  We need to out-number them in a BIG way.

Think you can make it?
Let Kelly know – kelly@economicintegrity.org

~~

Call and Email the Banking and Insurance

Committee Members TODAY:

Nancy McLain (Chairman), Republican — District 3
(602) 926-5051 nmclain@azleg.gov

Doug Quelland (Vice-Chairman), Republican — District 10
(602) 926-3024 dquelland@azleg.gov
We have not contacted Rep. Quelland on this matter, but last session, he voted NO on the “payday light” bill in committee, helping kill that bill.  Please email and call to ask that he continue to stand shoulder-to-shoulder with consumers against predatory lenders.

Carl Seel, Republican — District 6
(602) 926-3018 cseel@azleg.gov

Cecil P. Ash, Republican — District 18
(602) 926-3160 cash@azleg.gov

Cloves C. Campbell, Jr., Democrat — District 16
(602) 926-3042 clcampbell@azleg.gov
**URGE HIM TO VOTE NO!   HE IS ON THE FENCE.**

Robert Meza, Democrat –  District 14
(602) 926-3425 rmeza@azleg.gov

David Bradley, Democrat — District 28
(602) 926-3300 dbradley@azleg.gov

Andrew M. Tobin (bill’s sponsor), Republican — District 1
(602) 926-5172 atobin@azleg.gov

~

To see the Prop 200 results in each of these legislator’s districts, click here. In every district, their constituents said “NO” to 400%!

See you Monday!

Thank you,

KELLY                               DAVID

Kelly Griffith                    David Higuera
Arizonans for Responsible Lending

PS:

To read the proposed legislative language, monitor co-sponsors and track the bill, bookmark the following link: HB2161

For Committee updates between now and Monday, keep your eye on their website:
House Committee on Banking and Insurance

~~~

Paid for by Arizonans for Responsible Lending

Major Funding by AARP Arizona
Center for Responsible Lending, N.C., SEIU, Washington, and SIMG, Tucson.
Additional Support from Arizona State Credit Union, UFCW Local 99
The Arizona Credit Union League, and Mi Familia Vota.

www.NoMoreLoanSharks.com

NOTE: Arizonans for Responsible Lending DOES NOT ENDORSE any candidate for any office.  This story is newsworthy because Assistant Attorney General Vince Rabago, who is prosecuting the lawsuit against Quik Cash for defrauding Arizona consumers, has announced he is running for Arizona Attorney General.

By Casey Newton - The Arizona Republic:

A veteran Tucson prosecutor announced his candidacy Wednesday for attorney general, pledging to protect Arizona consumers from fraud and identity theft.

Vince Rabago, who has served as an assistant attorney general since 2002, made his announcement in a morning news conference at the Capitol.

“Arizona needs a strong attorney general who stands for working families in this state, not the out-of-state predatory lenders who are preying on the lifeblood of our community,” said Rabago, 42.

“I am ready to fight the big banks and the payday lenders. And we have to be ready, because believe me, they are already fighting Arizona.”

Rabago enters a crowded Democratic field that also includes Rep. David Lujan, the House minority leader, and Felecia Rotellini, the former director of the Arizona Department of Financial Institutions.

On the Republican side of the race, Maricopa County Attorney Andrew Thomas and Superintendent of Public Instruction Tom Horne have set up exploratory committees.

A native of Cochise County, Rabago got his bachelor’s degree from the University of Arizona and attended law school at the University of San Diego.

After graduation, Rabago worked for the California attorney general for eight years. He returned to Arizona in 2002.

Since 2005, Rabago has worked in the attorney general’s consumer-protection unit. While there, he successfully prosecuted cases involving mortgage fraud and deceptive business practices.

“We need an attorney general with both the experience and the background to take on the bankers and make them accountable for what they have done to our economy and to our democracy,” Rabago said. “And I am ready for that challenge.”

Rabago said he would run using public financing. He lives in Tucson with his wife, Kristie, and their two children.

To add your comments to this article, click here.

It’s official.

On Monday (January 25th) the House Banking and Insurance Committee will hear HB 2161, Rep. Tobin’s bill that would overturn the will of the voters and authorize 400% interest payday loans forever!

We need you to act now!

The payday lenders are making the rounds, trying to woo your elected representatives into believing the deceptive “reforms” they promise in this bill will eliminate the Payday Loan Debt Trap.  They will NOT!

Now, the committee members need to hear from YOU.

Come to the hearing on Monday AND contact all committee members today!

Your message can be short and to the point:

• The voters have spoken!  We said “NO” to 400% payday loans loud and clear.
  ~
• HB 2161, just like Prop. 200, hides payday loans’ 400% interest rates amidst a myriad of meaningless “reforms.”
  ~
• HB 2161 will result in thousands of Arizonans trapped in debt, year in and year out.  It will continue to allow out-of-state companies to drain $150 million dollars from the state each year in fees stripped from trapped borrowers.
  ~
• Vote NO on HB 2161 and do as the voters demanded:  LET THE SUN SET ON 400%!
  ~

JOIN US MONDAY

AT THE STATE CAPITOL:

Arrive by 1:15 p.m. to ensure you get a seat

Here are the details you need:

State Capitol
House of Representatives
1700 W Washington Street
Phoenix AZ 85007

House Committee on Banking and Insurance
House Hearing Room #5

The hearing starts at 2:00 pm, but COME EARLY to ensure you get a seat. (The payday lenders will try to pack the house with their “satisfied customers” and employees, who will be paid to attend.  We need to out-number them.)

Coming?  Let Kelly know – kelly@economicintegrity.org

~~

Call and Email the Committee Members TODAY:

Nancy McLain (Chairman), Republican — District 3
(602) 926-5051 nmclain@azleg.gov

Doug Quelland (Vice-Chairman), Republican — District 10
(602) 926-3024 dquelland@azleg.gov
Thank him for standing with Consumers and voting “NO.”

Carl Seel, Republican — District 6
(602) 926-3018 cseel@azleg.gov

Cecil P. Ash, Republican — District 18
(602) 926-3160 cash@azleg.gov

Andrew M. Tobin (bill’s primary sponsor), Republican — District 1
(602) 926-5172 atobin@azleg.gov

Cloves C. Campbell, Jr., Democrat — District 16
(602) 926-3042 clcampbell@azleg.gov
**URGE HIM TO VOTE NO!   HE IS ON THE FENCE.**

Robert Meza, Democrat –  District 14
(602) 926-3425 rmeza@azleg.gov
Thank him for standing with Consumers and voting “NO.”

David Bradley, Democrat — District 28
(602) 926-3300 dbradley@azleg.gov
Thank him for standing with Consumers and voting “NO.”

See you Monday!

Thank you,

KELLY

Kelly Griffith
Arizonans for Responsible Lending

PS:

To read the proposed legislative language, monitor co-sponsors and track the bill, bookmark the following link: HB2161

For Committee updates between now and Monday, keep your eye on their website:
House Committee on Banking and Insurance

~~~

Paid for by Arizonans for Responsible Lending

Major Funding by AARP Arizona
Center for Responsible Lending, N.C., SEIU, Washington, and SIMG, Tucson.
Additional Support from Arizona State Credit Union, UFCW Local 99
The Arizona Credit Union League, and Mi Familia Vota.

www.NoMoreLoanSharks.com

Daily Star Editorial:

Lawmaker’s attempt to keep industry alive has no place in Arizona –

Note to Gov. Jan Brewer and members of the Arizona Legislature: The people have rejected a continuation of the payday-loan industry by a margin of 60-40. Any effort to hornswoggle the voters with an end run around their wishes would be corrupt.

Despite the voters’ 2008 expressed will, House Majority Whip Andy Tobin, R-Paulden, is sponsoring HB 2161, which would keep payday lending alive in Arizona beyond June 30, when the state law that allows the usurious industry to operate will expire.

We are pleased to report that the Legislature’s Web site showed as of Monday morning that Tobin has so far been unable to recruit a single co-sponsor for the bill. But some Republicans have defended the bill, and the payday-loan industry has hired powerful lobbyists with connections to Brewer.

The good news is that Tobin needs a two-thirds vote of both houses in order for the law to take effect by June 30, the day payday lending sunsets.  That’s a steep challenge.

[NOTE: The bill includes language that would make it take effect RETROACTIVELY to BEFORE its official "effective date."  In other words, the payday lenders DO NOT NEED two-thirds majority votes to get their way!  A simple majority vote in both houses would allow payday lenders to continue unabated.]

Still, it’s vital that lawmakers who oppose the bill be vigilant to assure that it doesn’t get onto the governor’s desk through some form of legislative sleight of hand, such as a strike-everything amendment to a different bill.

Tobin told Capitol Media Services that he wants to help the 3,000 people who work in the industry keep their jobs. He also said there is an apparent need for the short-term, high-interest loans, and the state should not restrict consumers’ access to such loans.

Fiddlesticks.

The state’s usury laws, which limit interest on consumer loans to 36 percent a year, were created for a reason – to keep unscrupulous lenders from victimizing unsophisticated borrowers who don’t understand that high interest rates can grow to be so burdensome that it becomes almost impossible to repay a loan.

Payday lenders do precisely that.

That’s why Rep. Frank Antenori, R-Tucson, opposes allowing the industry to continue.

“I saw what they did to my soldiers when I was in the military,” he told Capitol Media Services. “They relentlessly get you into a cycle of having to come in, renew your loans, pay the fees. It buries people.”

Tobin argues that HB 2161 is considerably different from the measure voters rejected in 2008 that would have allowed the industry to continue.

In fact, according to Capitol Media Services, HB 2161 is substantially the same as the ballot measure.

Both allow lenders to charge up to $15 for every $100 borrowed, which translates to an effective annual interest rate of about 390 percent.

Both would repeal a law that allows unpaid loans to be “rolled over” up to three times for extra fees, and both would ban lenders from charging borrowers more than twice for the same bounced check.

Under both, if a borrower can’t pay up at the end of loan, he’d be given a payment plan, interest-free, to pay it off.

Among the differences from the ballot measure, the bill would require lenders to use a “commercially reasonable method” to make sure a loan applicant doesn’t have outstanding loans elsewhere. It also would give borrowers up to two business days to back out of a loan at no cost.

In 2000, payday-loan industry lobbyists pushed through the special law that allows them to charge fees far higher than the state’s 36 percent cap for transactions of up to $500.

Thus, a person who needs money for a few weeks can write a check to a payday lender for that amount plus the fee, which can be up to $17.85 per $100 borrowed. The lender agrees not to cash the check for up to two weeks. The borrower pays an annual percentage rate of more than 450 percent.

Antenori said that instead of allowing the payday-loan industry to continue, he would “rather find a way to work with banks and credit unions to find a way to provide high-risk, short-term loans with a reasonable interest rate,” under 40 percent a year.

State Sen. Debbie McCune Davis, D-Phoenix, has said lenders that were driven out of business by the payday-loan industry used to finance loans under the 36 percent interest cap; she predicts they will return to Arizona when payday lenders leave.

The bottom line is that those who have a short-term need for cash risk being dragged into financial ruin when they turn for “help” to usurious lenders. The voters are clear: They want it to stop.

CONTACT YOUR LEGISLATORS

• Keep in touch with lawmakers through the Web sites www.azhouse.gov and www.azsenate.gov

• Call the Tucson legislative office at 398-6000.

To add your comments to this article, click here.

Sierra Vista Herald Editorial:

Payday lenders are cranking up a new initiative in the state Legislature to usurp what voters mandated in 2008.

That is, that the state will allow lenders to charge a maximum interest rate of “only” 36 percent to anyone who wishes to take out a loan.

Payday loan businesses routinely charge 390-460 percent to their customers. Prior to 2000, loans with annual interest rates of more than 36 percent were illegal in Arizona. But, that year, industry lobbyists convinced lawmakers to approve what are technically called “deferred presentment transactions” that circumvented the limit. At the time, the Legislature put a time limit on the allowance of these types loans.

That was basically what the referendum was all about — allow the continued gouging of the everyday citizen or revert to the pre-2000 limit.

Despite the industry tossing millions into a publicity campaign to allow continuance of these types of loans, Arizonans voted by a 3-2 margin to put an end to these high interest rates.

Citing the jobs the industry provides in the state, House Majority Whip Rep. Andy Tobin, R-Paulden, plans to introduce a bill that would negate the voters’ decision. Of course, job losses are a sensitive political issue in a state that has had so many unemployed due to the economy.

But that is just a smoke screen.

The jobs may or may not disappear if the rate is lowered. In fact, even though the proposed new rate is still high at 36 percent, the industry might even grow, since more people might consider paying that interest rate rather than one that is nearly 10 times greater.

In any case, we urge you to contact your representatives and tell them to pull the plug on this idea.

The Arizonans for Responsible Lending are behind the efforts to make sure this law does not get passed. We agree and love its slogan: “The voters have spoken: The Sun Must Set on 400%!

To add your comments, click here.

© 2009 The Sierra Vista Herald
102 Fab Ave
Sierra Vista, AZ. 85635
520-458-9440

PRESS RELEASE
FOR IMMEDIATE RELEASE
CONTACT:
David Higuera, Arizonans for Responsible Lending
(520) 907-2080,  david@nomoreloansharks.com

Arizonans Speak Up Loud and Clear, Again: The Sun Must Set on 400%

Senate Majority Leader joins community advocates, fellow Republican and Democratic lawmakers in calling for an END to triple-digit interest rates

PHOENIX – Today, a bipartisan group of lawmakers from both the House and the Senate joined community advocates in denouncing the attempt by one prominent legislator to throw the payday lenders a lifeline.

Rep. Andrew Tobin has introduced HB 2161, a bill that would repeal the July 1, 2010 payday loan sunset date and perpetuate 400% interest rate payday loans in Arizona.

Sen. Majority Leader Chuck Gray (R-Mesa) stated, “Prior to 2000 the usury law in Arizona was set at 36%. The legislature tried an experiment to allow payday loans to operate under different rules, and that experiment failed.  When they charge 400 percent interest and burden families with those kinds of debts, especially in these kinds of economic times, I think that’s a travesty.”

“Like Prop 200 tried to do, HB 2161 offers false reforms while surreptitiously repealing the payday loan sunset,” stated Sen. Debbie McCune Davis (D-Phoenix), Co-Chair of Arizonans for Responsible Lending.  “The voters have spoken on this issue and should be respected.”

Kathy Jorgensen of Saint Vincent de Paul doesn’t buy the industry’s argument that this bill is somehow different than Prop 200, which voters rejected by a 60-40 margin just over one year ago.  She said, “If it looks like a duck and it talks like a duck, it’s a duck. And regardless of the name they give it, this is predatory lending and we need to bring a stop to it in this state.”

“Rep. Tobin’s bill doesn’t respect the will of the voters,” added Rep. Daniel Patterson (D-Tucson).  “Arizonans said loud and clear they don’t want predatory payday loans crippling Arizona’s families and making tough times even tougher.  As elected leaders, we should respect voters’ decisions, and in this case they wisely want the sun to set on payday loans.”

Rep. Doris Goodale (R-Kingman) also spoke at today’s press conference, reiterating her belief that the 400% interest rates charged by payday lenders are “unconscionable” and that therefore, the law allowing these rates needs to sunset on schedule.

Rep. Robert Meza (D-Phoenix), who was unable to attend today’s press conference, issued the following statement regarding HB 2161: “Arizona doesn’t want it, my constituents don’t want it, and whoever signs onto it is showing a lack of leadership for Arizona.”

Rep. Tobin has introduced the bill despite the fact that in his legislative district, which has 21 payday loan stores currently operating, a staggering 62% of voters rejected giving the payday lenders a renewed lease on life.

HB 2161 has been assigned to the House Committee on Banking and Insurance, but has not yet been scheduled for debate.   The next meeting of the Banking and Insurance Commitee is set for Tuesday, January 19th.

To learn more, visit www.NoMoreLoanSharks.com.

###

Paid for by Arizonans for Responsible Lending

Major Funding by AARP Arizona
Center for Responsible Lending, N.C., SEIU, Washington, and SIMG, Tucson.
Additional Support from Arizona State Credit Union, UFCW Local 99
The Arizona Credit Union League, and Mi Familia Vota.

www.NoMoreLoanSharks.com

By Howard Fischer, Capitol Media Services

Despite public vote, House whip pushes to void the July 1 ban

PRESS ADVISORY
FOR IMMEDIATE RELEASE
January 14, 2010
CONTACT:
David Higuera, Arizonans for Responsible Lending
(520) 907-2080,  david@nomoreloansharks.com

**NEW SPEAKERS ADDED**

~~~

Arizonans Show United Front Against Continuation of Payday Lending

Republican and Democratic state legislators join community advocates and service providers in denouncing HB 2161

PHOENIX – Rep. Andrew Tobin has introduced a bill that would repeal the July 1, 2010 payday loan sunset date and perpetuate 400% interest rate payday loans indefinitely.  His bill, HB 2161, was introduced in the middle of the night, and currently lacks any co-sponsors.

Just as 1.3 million Arizona voters rejected the payday industry’s attempt to remove this sunset with Prop 200 in 2008, the community comes together again to say:  “Let the Sun Set on 400%!”

What: Press Conference to Show Broad Community Opposition to Continuation of Payday Lending in Arizona

Where: Arizona State Capitol — Senate Lawn

When: Thursday, January 14^th,  12:00 pm

Confirmed Speakers*:

Sen. Debbie McCune Davis (D – District 14)

Sen. Majority Leader Chuck Gray (R – District 19)

Rep. Doris Goodale (R – District 3)

Rep. Frank Antenori (R – District 30)

Rep. Daniel Patterson (D – District 29)

AARP Arizona

Kathy Jorgensen, Society of St. Vincent de Paul

* List in formation

###

Paid for by Arizonans for Responsible Lending

Major Funding by AARP Arizona
Center for Responsible Lending, N.C., SEIU, Washington, and SIMG, Tucson.
Additional Support from Arizona State Credit Union, UFCW Local 99
The Arizona Credit Union League, and Mi Familia Vota.

www.NoMoreLoanSharks.com

PRESS ADVISORY
FOR IMMEDIATE RELEASE
January 13, 2010
CONTACT:
David Higuera, Arizonans for Responsible Lending
(520) 907-2080,  david@nomoreloansharks.com

Arizonans Show United Front Against Continuation of Payday Lending

Republican and Democratic state legislators join community advocates and service providers in denouncing HB 2161

PHOENIX – Rep. Andrew Tobin has introduced a bill that would repeal the July 1, 2010 payday loan sunset date and perpetuate 400% interest rate payday loans indefinitely.  His bill, HB 2161, was introduced in the middle of the night, and currently lacks any co-sponsors.
Just as 1.3 million Arizona voters rejected the payday industry’s attempt to remove this sunset with Prop 200 in 2008, the community comes together again to say:  “Let the Sun Set on 400%!”

What: Press Conference to Show Broad Community Opposition to Continuation of Payday Lending in Arizona

Where: Arizona State Capitol Lawn

When: Thursday, January 14^th,  12:00 pm

Confirmed Speakers*:

Sen. Debbie McCune Davis (D – District 14)

Rep. Doris Goodale (R – District 3)

Rep. Frank Antenori (R – District 30)

AARP Arizona

Kathy Jorgensen, Society of St. Vincent de Paul

* List in formation

###

Paid for by Arizonans for Responsible Lending

Major Funding by AARP Arizona
Center for Responsible Lending, N.C., SEIU, Washington, and SIMG, Tucson.
Additional Support from Arizona State Credit Union, UFCW Local 99
The Arizona Credit Union League, and Mi Familia Vota.

www.NoMoreLoanSharks.com