Categorized | industry, regulation

Wow

An editorial in Washington State that calls for “compromise” on payday lending legislation.  Never thought we’d live to see the day:

If legislative negotiators succeed at crafting a proposal that splits the difference fairly, it will be cause for celebration. Just don’t expect to hear any cheering coming from the payday lenders or their foes.

We’ll definitely wait to see the “compromise” before we boo or cheer.  

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