ADVISORY: Press Conf 10:00 a.m. — AG Goddard, Sen. Majority Leader Gray Lead Bipartisan Opposition to Payday Bill
PRESS ADVISORY
March 16, 2010
CONTACT:
David Higuera, AZ for Responsible Lending (520) 907-2080
Molly Edwards, Attorney General Terry Goddard (602) 542-8019
Press Conference Today, 10:00 a.m., to Underscore
Bipartisan Opposition to HB2370 – Payday Loans
Bill to be heard at 1:30 p.m. in Senate Appropriations Committee
PHOENIX – Attorney General Terry Goddard, Senate Majority Leader Chuck Gray, Sen. John Nelson, Sen. Debbie McCune Davis, and nationally-recognized consumer advocate Jean Ann Fox will hold a press conference later this morning about HB2370 – the payday loan strike-everything bill to be heard later today in Senate Appropriations Committee.
HB2370, like HB2161 earlier in the session, would authorize 400% payday loans to continue in Arizona indefinitely, and extend payday lenders’ special exemption from the state Consumer Loan Act.
WHAT:
Press Conference re: Payday Loan Re-Authorization Bill, HB2370
WHEN:
TODAY, March 16, 2010
10:00 AM
WHERE:
Senate Hearing Room 3
Arizona State Senate
1700 West Washington
WHO:
Arizona Attorney General Terry Goddard
Sen. John Nelson (R-Glendale)
Jean Ann Fox, Director of Financial Services, Consumer Federation of America
Sen. Debbie McCune Davis (D-Phoenix)
Sen. Majority Leader Chuck Gray (R-Mesa)
Time for Q&A with all speakers will be provided after the presentations.
For a breakdown of why HB2161 / 2370 is NOT reform, click here.
For a breakdown of why HB2161 / 2370 is the same as Prop 200, click here.
For Frequently Asked Questions, click here.
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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 Arizona
The Arizona Credit Union League, The Center for Economic Integrity
and Mi Familia Vota