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Another “now what?” story

November 11, 2008 | Arizona, industry, regulation, states | Comments (0)

From the Sierra Vista Herald: 

The prospects for changing the law in Arizona before the deadline are mixed at best.

On one hand, the key Republican lawmaker who fought to rid the state of payday loans is gone. Rep. Marian McClure, R-Tucson, chose instead to run — unsuccessfully — for the Arizona Corporation Commission.

But Sen. Debbie McCune Davis, D-Phoenix, the other key player in the issue remains. And she said she is committed to ensuring that payday lending goes away as scheduled.

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