Payday Pundit » Payday lending arizona http://paydaypundit.org News and Information About The Payday Lending Industry Tue, 22 Jun 2010 01:32:09 +0000 http://wordpress.org/?v=2.9 en hourly 1 Uh, excuse me… http://paydaypundit.org/2008/10/29/uh-excuse-me/ http://paydaypundit.org/2008/10/29/uh-excuse-me/#comments Wed, 29 Oct 2008 18:36:12 +0000 Payday Pundit http://paydaypundit.org/?p=1799 This story out of Arizona encouraging a NO vote on Prop 200 misses the point: 

Prop. 200: No

Incorrectly called the “Payday Loan Reform Act,” this initiative pushed by the industry would make the law it operates under permanent instead of expiring in 2010. The industry provides a service, but it is overused. The Legislature should be responsible for regulating payday loans.

The reason there is a Proposition is that the legislature punted on this.  It had all year to act.

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