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Regulate lawsuit lenders

Lawsuit lenders would prefer to remain beyond the reach of Arizona’s consumer protection regulations. An important bill now pending in the House would appropriately subject lawsuit loans to the same regulatory limits that are imposed on other consumer loans, and, not surprisingly, lawsuit lenders are fighting tooth and nail to kill it.

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UpClose with Lauren Kingry

Lauren Kingry was looking for a way to make some money while attending Friends University in Wichita, Kan., where he took a job working as a mail boy in a family-owned bank. He had no idea it would be the beginning of a four-decade career in banking, leading to a position overseeing the Arizona Department of Financial Institutions, the regulating agency for 3,800 businesses across the state.

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