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An Open Letter to Congressman Gutierrez

April 29, 2009 | federal legislation | Comments (1)

This ad ran in Roll Call today…

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1. Nick S - April 29, 2009

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?