Press Conference Today Re HB 2161: Payday Loans
PRESS ADVISORY
FOR IMMEDIATE RELEASE
January 14, 2010
CONTACT:
David Higuera, Arizonans for Responsible Lending
(520) 907-2080, david@nomoreloansharks.com
**NEW SPEAKERS ADDED**
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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 14th, 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
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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.