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Sanford vetoes bill

June 2, 2009 | South Carolina, The State, industry, states | Comments (0)

From the story:

 Gov. Mark Sanford has vetoed a bill that would put limits on the state’s payday lending industry. Sanford, known for his libertarian leanings, argued in his veto message that South Carolinians should be free to make whatever financial decision they choose.

Sanford was also disagreed with establishing a statewide database to track loans, saying such a database might compromise the privacy rights of borrowers.

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