Comments on: An Open Letter to Congressman Gutierrez http://paydaypundit.org/2009/04/29/an-open-letter-to-congressman-gutierrez/ News and Information About The Payday Lending Industry Tue, 15 Jun 2010 10:29:51 -0700 http://wordpress.org/?v=2.9 hourly 1 By: Nick S http://paydaypundit.org/2009/04/29/an-open-letter-to-congressman-gutierrez/comment-page-1/#comment-4498 Nick S Wed, 29 Apr 2009 21:07:04 +0000 http://paydaypundit.org/?p=3022#comment-4498 I can appreciate the letter and agree with it, but the payday industry is under fire. Rep. Guitierrez is sticking his neck out. We should work with him. If the feds put through a law that will ensure the survival of the product, it's a good thing. Fighting a battle on all fronts in every state is not an easy task. Btw, would passage of this law make payday lending legal in all 50 states? I can appreciate the letter and agree with it, but the payday industry is under fire. Rep. Guitierrez is sticking his neck out. We should work with him.

If the feds put through a law that will ensure the survival of the product, it’s a good thing. Fighting a battle on all fronts in every state is not an easy task.

Btw, would passage of this law make payday lending legal in all 50 states?

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