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Payday Limbo (access required)

By Jeremy Duda

Published: April 16, 2010 at 1:51 am

After losing a two-year, multimillion-dollar battle with voters and lawmakers, Arizona’s payday lenders are fighting for their lives. The industry is set to expire July 1, a reality that was reinforced during the legislative session when lawmakers rebuffed three attempts to keep it alive. But industry executives say the high-interest, short-term loan business will find ways to …

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ARIZONA LEGISLATIVE REPORT