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Goddard warns payday lenders about new law
Arizona Attorney General Terry Goddard on Wednesday warned payday loan stores not to try to keep operating as usual after a law authorizing their high-interest loans expires at the end of the month.
Payday loans may try last-ditch effort to stay alive
The payday loan industry is making another attempt to extend its life less than a month after its efforts were rebuffed by a panel of lawmakers, critics of the industry said.
Payday lenders ready for showdown in Senate Approps
The payday loan industry is getting another chance to keep its doors open in Arizona. The Senate Appropriations Committee today will hear a proposed striker amendment on H2370 that would essentially revive a bill that Rep. Andy Tobin withdrew in January due to a lack of support. The bill would implement new regulations on payday lenders and allow the businesses to continue operating past a July[...]
Tobin shelves payday loan bill due to lack of support
Two-dozen people who came to the Capitol Jan. 25 to oppose a bill that would allow payday lenders to continue doing business in Arizona left without saying a word. The bill didn’t last long enough in committee for them to testify.
Lawmaker wants to keep payday loans
A state lawmaker has introduced a bill that would allow payday lenders to continue operating indefinitely in Arizona.
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.
State accuses payday loan company of deception
Arizona authorities are accusing a major payday loan company of engaging in deceptive practices by filing collections lawsuits in courts far from where debtors live or took out the loans.
