Fight is on in Arizona
November 29, 2009 | Arizona, industry | Comments (1)From a Capitol Media Services story that appeared in the Yuma Sun:
Unwilling to go away without a fight, the state’s payday lenders are trying to convince lawmakers to let them stay in business despite a public vote to the contrary.
And they’re hiring some big guns to do that.
The industry has retained the services of former state Attorney General Grant Woods. He told Capitol Media Services that after studying a proposal for a new lease on life by lenders, he’s convinced there is a role for payday lenders.
The lenders have hired Highground, whose owners include Chuck Coughlin and Doug Cole, both confidants of and advisers to Gov. Jan Brewer.
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