Math doesn’t work for AZ payday loan industry
The math isn't adding up for Arizona's payday loan industry. The industry that provides small short-term loans is fighting in the Legislature to keep itself alive beyond a June 30 termination date that was included in the authorization law enacted 10 years ago.
Lights out on payday loans
Next year, the Arizona Legislature will decide whether to eliminate payday lending in the state, which presents a dilemma for Republican lawmakers who will have to decide between their free-enterprise beliefs and a moral objection to the large fees on short-term loans.
Brewer: ‘no problem’ on backers’ payday loan work
A critic says Gov. Jan Brewer's credibility is being undermined. But the governor says it's not inappropriate that some of her political associates are doing work for the payday loan industry that could result in legislation reaching her desk.