AZ Republic doesn’t like Gutierrez either
June 15, 2009 | Arizona, federal legislation, industry | Comments (1)But the paper doesn’t think it’s tough enough among other things. From the editorial:
What’s more, the Gutierrez bill could undermine state reform efforts by enshrining high interest rates at the federal level.
That’s the argument the Payday Pundit has been making.
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State reform efforts? Don’t they mean state’s effort to impose prohibition of short-term lending?