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Our View: New name, same bad payday advances

Our View: New name, same bad payday advances

The legislative procedure and the might associated with voters got a quick start working the jeans from lawmakers this week.

It absolutely was done in the attention of legalizing loans that are high-interest can place working bad families in a “debt trap.”

All of this arises from home Bill 2496, which started life being a bill that is mild-mannered home owners associations.

Through the sleight-of-hand that is legislative whilst the strike-everything amendment, it is currently a monster that changes Arizona’s lending guidelines – and it’s on a fast track to moving. Continue reading Our View: New name, same bad payday advances