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False data, false conclusions

June 26, 2009 | Arizona, industry, regulation | Comments (0)

The  Arizona Daily Star editorial page is listening to B.S. from our critics:

We urge Arizona’s congressional delegation to get behind this measure so that consumers aren’t saddled with extremely expensive loans that have interest rates approaching 400 percent annually. Payday loans often make borrowers’ financial situations worse, not better.
We urge the the Daily Star to talk to customers, not elitist consumer groups, to get a real perspective.
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