Payday Pundit » Arizona http://paydaypundit.org News and Information About The Payday Lending Industry Fri, 14 Oct 2011 20:02:26 +0000 en hourly 1 http://wordpress.org/?v=3.1.3 Meanwhile in Arizona… http://paydaypundit.org/2009/03/05/meanwhile-in-arizona-2/ http://paydaypundit.org/2009/03/05/meanwhile-in-arizona-2/#comments Thu, 05 Mar 2009 14:49:12 +0000 Payday Pundit http://paydaypundit.org/?p=2646 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?

]]> http://paydaypundit.org/2009/03/05/meanwhile-in-arizona-2/feed/ 0 One Man’s Microloan… http://paydaypundit.org/2009/02/02/one-mans-microloan/ http://paydaypundit.org/2009/02/02/one-mans-microloan/#comments Mon, 02 Feb 2009 17:09:52 +0000 Payday Pundit http://paydaypundit.org/?p=2411 Great blog by Arizona’s Expresso Pundit on the irony of the Arizona Republic publishing an editorial praising Muhammad Yunus for his work on microloans, while at the same time supporting efforts to deny Arizonans similar access to credit.

Indeed empowering poor Mexicans with microloans recognizes that they can make their own financial decisions, enter into contracts, decide how they want to spend their money and allow them the opportunities that the rest of us take for granted.

Too bad that when those same people move a couple hundred miles north, the Republic wants to deny them the same opportunities.

]]> http://paydaypundit.org/2009/02/02/one-mans-microloan/feed/ 0 And in Arizona http://paydaypundit.org/2008/11/04/and-in-arizona/ http://paydaypundit.org/2008/11/04/and-in-arizona/#comments Tue, 04 Nov 2008 14:05:59 +0000 Payday Pundit http://paydaypundit.org/?p=1840 AZCentral.com will be updating all day with live webcasts.

]]> http://paydaypundit.org/2008/11/04/and-in-arizona/feed/ 0 Arizona’s NPR takes a look at AZ Ballot Propositions, including Prop 200 http://paydaypundit.org/2008/10/09/arizonas-npr-takes-a-look-at-az-ballot-propositions-including-prop-200/ http://paydaypundit.org/2008/10/09/arizonas-npr-takes-a-look-at-az-ballot-propositions-including-prop-200/#comments Thu, 09 Oct 2008 13:59:01 +0000 Payday Pundit http://paydaypundit.org/?p=1642 Here and Now: AZ Ballot Propositions – KJZZ 91.5 FM
Source: kjzz.org
KJZZ’s Here and Now examined the eight ballot propositions on the November 4th ballot. The show includes discussions with proponents and opponents of props 105, 202, 200 and 201. The Arizona Republic’s Bob Robb provided analysis on the others. Listen here.
]]> http://paydaypundit.org/2008/10/09/arizonas-npr-takes-a-look-at-az-ballot-propositions-including-prop-200/feed/ 0 Do you Facebook? http://paydaypundit.org/2008/10/07/do-you-facebook/ http://paydaypundit.org/2008/10/07/do-you-facebook/#comments Tue, 07 Oct 2008 20:11:56 +0000 Payday Pundit http://paydaypundit.org/?p=1619 The following Facebook groups support consumer choice and continued access to credit in Ohio and Arizona.  Join the Facebook groups by clicking on the logos below. 

Arizonans for Financial Reform

Ohioans for Financial Freedom

 

 

 

 

 

 

Don’t belong to Facebook?  You can quicky join at www.facebook.com.

]]> http://paydaypundit.org/2008/10/07/do-you-facebook/feed/ 0 CRL steps up efforts to ban payday lending in Arizona http://paydaypundit.org/2008/08/25/crl-steps-up-efforts-to-ban-payday-lending-in-arizona/ http://paydaypundit.org/2008/08/25/crl-steps-up-efforts-to-ban-payday-lending-in-arizona/#comments Mon, 25 Aug 2008 20:12:53 +0000 Payday Pundit http://paydaypundit.org/?p=1307 The Phoenix Business Journal reports that “200isNoReform.com” is now “Arizonians for Responsible Lending,” yet another branch of the Center for Responsible Lending and is working to strip Arizonians of their financial choices by capping payday lending at a 36% annual interest rate. The Payday Pundit has said it once and will probably have to say it a million times…payday loans are not annual loans, they are not mortgages, they are short term, low dollar loans. Applying an annual interest rate to them is akin to trying to rent a car for a weekend and the agent telling you how much it would be to buy the car. It makes absolutely no sense.

]]> http://paydaypundit.org/2008/08/25/crl-steps-up-efforts-to-ban-payday-lending-in-arizona/feed/ 2 Arizona Republic: Facing ban, payday lenders look to voters http://paydaypundit.org/2008/05/27/arizona-republic-facing-ban-payday-lenders-look-to-voters/ http://paydaypundit.org/2008/05/27/arizona-republic-facing-ban-payday-lenders-look-to-voters/#comments Tue, 27 May 2008 14:01:27 +0000 Payday Pundit http://paydaypundit.org/?p=506 The Arizona Republic details the efforts to gather petition signatures so that voters can decide whether payday lenders can keep their doors open in Arizona.

If payday lending can remain in Arizona, payday operators would lower fees, provide a repayment plan with no additional cost for borrowers behind in payments and ban loan extensions.

At least 153,365 valid signatures are needed to place the initiative on the Nov. 4 ballot.

Felecia Rotellini, superintendent of the state Department of Financial Institutions, said her office receives few complaints regarding payday lenders despite the industry’s large growth since 2000.

]]> http://paydaypundit.org/2008/05/27/arizona-republic-facing-ban-payday-lenders-look-to-voters/feed/ 1 Payday lending customers in Arizona speak out http://paydaypundit.org/2008/04/10/payday-lending-customers-in-arizona-speak-out/ http://paydaypundit.org/2008/04/10/payday-lending-customers-in-arizona-speak-out/#comments Thu, 10 Apr 2008 21:08:19 +0000 Payday Pundit http://paydaypundit.org/?p=1008 Arizonans for Financial Reform has posted a video testimonial of customers who have actually used a payday loan. Customers explain why they used the service and why it is important for them to have the option. They clearly do not want the government taking their options away.

Go to http://www.affr2008.org/ and click on “testimonials” to view.

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