Let’s Make Today the Payday Lenders’ LAST Rally!
Dear Friends and Supporters,
Today’s the day.
If you can make it to the State Capitol to attend the Senate Appropriations hearing at 1:30 p.m. and/or sign in against HB2370 at any time before 1:30, it may be the difference between winning and losing.
The payday lenders will have employees and “happy customers” there in numbers to try to convince Committee Members that there is “a need” for extremely high-interest loans.
In fact, the payday lenders are staging a “Pro Payday Loans” rally at 12:30 this afternoon on the Capitol lawn! They’ll have hundreds of employees out there with signs that say things like “Save our Jobs,” and “Don’t Eliminate Industry.”
While this rally will certainly make for good TV, it does not change three simple facts. HB 2370 would…
1. Allow 400% payday loans to continue, perpetuating a faulty loan product designed to trap the borrower.
2. Give protected status to payday lenders at the expense of all other financial service providers, undermining the free market.
3. Undermine the will of the voters.
Some Committee Members are still undecided, and need to hear from YOU.
Call them, email them, and plan to attend TODAY!
TUESDAY, MARCH 16TH
1:30 PM*
SENATE APPROPRIATIONS COMMITTEE HEARING
Arizona Senate, Hearing Room 109
1700 West Washington
Phoenix, AZ 85007
* Arrive by 12:30 if you can.
SENATE APPROPRIATIONS COMMITTEE: CALL TODAY!
- Sen. Sylvia Allen, District 5 – Apache, Graham, Gila and Navajo Counties
DISTRICT VOTED 59% AGAINST PAYDAY LOANS
(602) 926-5219 sallen@azleg.gov
- Sen. David Braswell, District 6 – North Phoenix, Anthem, New River
DISTRICT VOTED 58% AGAINST PAYDAY LOANS
(602) 926-5284 dbraswell@azleg.gov
- Sen. Ron Gould, District 3 – Mohave County
DISTRICT VOTED 55% AGAINST PAYDAY LOANS
(602) 926-4138 rgould@azleg.gov
- Sen. Al Melvin, District 26 – Northern Tucson, Oro Valley, Saddlebrooke
DISTRICT VOTED 68% AGAINST PAYDAY LOANS
(602) 926-4326 amelvin@azleg.gov
- Sen. Jack Harper, District 4 – Surprise, Sun City West, Peoria, Wickenburg
DISTRICT VOTED 58% AGAINST PAYDAY LOANS
(602) 926-4178 jharper@azleg.gov
- Sen. Rebecca Rios, District 23 – Pinal County
Assistant Democratic Leader
DISTRICT VOTED 57% AGAINST PAYDAY LOANS
(602) 926-5685 rrios@azleg.gov
- Sen. Amanda Aguirre, District 24 – Yuma County
DISTRICT VOTED 64% AGAINST PAYDAY LOANS
(602) 926-4139 aaguirre@azleg.gov
- Sen. Paula Aboud, District 28 - Central Tucson
DISTRICT VOTED 70% AGAINST PAYDAY LOANS
(602) 926-5262 paboud@azleg.gov
- Committee Chairman Russell Pearce, District 18 – Mesa
DISTRICT VOTED 59% AGAINST PAYDAY LOANS
(602) 926-5760 rpearce@azleg.gov
Make sure they know that YOU oppose HB2370 because it would…
… Allow 400% payday loans to continue, perpetuating a faulty loan product designed to trap the borrower. The average borrower would still have to pay back over $800 on a $350 loan (eight loans/renewals per year)
… Give protected status to payday lenders at the expense of all other financial service providers, undermining the free market.
… Undermine the will of the voters.
For a detailed look at why the Arizona Republic opposes this bill, click here.
The senators’ choice is to either uphold the will of the voters or cave to the influence of wealthy, out-of-state special interests. Call them to make sure they make the right choice.
Then forward this email to 5 friends. Tell them you have weighed in, and they should, too!
For tools you can download and share, check out the “Supporter Tools” box here.
For More Information, call:
David Higuera
(520) 907-2080
Kelly Griffith
(520) 250-4416
Thank you,
Arizonans for Responsible Lending
~~~
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