Spare me
December 29, 2008 | Arizona, alternatives, industry, media coverage | Comments (0)This letter writer to the Arizona Republic can’t debate the issue thoughtfully so wastes the newspaper’s space attack a legislator who is supportive of the payday lending industry.
The end in Arizona?
November 10, 2008 | Arizona, industry, media coverage, regulation, states | Comments (0)Doom and gloom story in the Arizona Republic:
The payday-loan industry, which flourished this past decade on Arizonans’ almost-insatiable need for quick, short-term loans regardless of their high interest rates, may have to close down in Arizona unless state lawmakers can be persuaded to ignore voters’ wishes.
Voters last week overwhelmingly rejected Proposition 200, a ballot initiative financed and written by the loan companies to allow them to continue charging high interest rates on small loans. That decision placed Arizona among a growing number of states that have effectively shut down the payday lenders.
But an industry spokesman said payday-loan stores could be wiped out because they cannot afford to operate on the lower rates they will eventually be forced to charge.
As the story points out, the industry may still go to the state legislature to push for an extension of the current law.
Arizona Republic is against us
October 30, 2008 | Arizona, industry, media coverage, regulation, states | Comments (0)As we’ve pointed out before, the Arizona Republic used to be a libertarian-leaning, free-market paper. They’ve now joined the rest of the mainstream media in being dominated editorially by nanny-state types.
Things heating up in Arizona
October 12, 2008 | Arizona, media coverage, states | Comments (0)This Arizona Republic article sums it up pretty much.
