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Meanwhile in Arizona…

March 5, 2009 | Arizona | Comments (0)

There is talk of legislation that would allow payday loan competitors to offer loans in the state.

The most recent move comes as payday-loan companies…could go out of business next year when their licensing expires.

Bill sponsor, Andy Biggs has defended the legislation saying that “there will be a need for consumers to get unsecured loans if payday lenders go out of business.”

Is Yossarian living in Arizona?

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