Payday loans‏

In the case you haven’t heard, Tuesday night was a great night for Arizona. The House of Representatives Committee on Banking and Insurance refused to pass HB2608 because high-cost lenders are not welcome in this state.

This is a great victory, and it’s because of YOU! The committee members reported they received floods of emails and phone calls asking them to vote NO. This bill did not pass because of your civic engagement. THANK YOU.

Here are just a few of the organizations that opposed the measure: Arizona AARP, Society of St. Vincent de Paul, William E. Morris Institute for Justice, Attorney General Terry Goddard, Arizona Consumers Council, All Arizona School Retirees Association, SEIU Arizona, Protecting Arizona's Family Coalition. Numerous individuals wrote in as well. We couldn’t have done with out you!

And, we couldn’t have done without the legislators who know that Arizonans deserve better. Please take the time today to thank them doing what is right.

Doug Quelland (Vice Chair of Banking and Insurance Cmte, District 10), dquelland@azleg.gov, phone: 926-3024, fax: 417-3110

David Bradley (District 28), dbradley@azleg.gov, phone: 926-3300, fax: 417-3028

Cloves C. Campbell, Jr.(District 16); clcampbell@azleg.gov, phone: 926-3042, fax: 417-3117

Robert Meza (District 14), rmeza@azleg.gov, phone: 926-3425, fax: 417-3114

The following members voted YES to HB 2608, which authorizes triple-digit interests and a special carve for a new group of high-cost lenders in this state.

Nancy McLain (Chair of Banking and Insurance Cmte, District 3), nmclain@azleg.gov, phone: 926-5051, fax: 417-3003

Cecil P. Ash (District 18), cash@azleg.gov, phone: 926-3160, fax: 417-3151

Carl Seel (District 6), cseel@azleg.gov, phone: 926-3018, fax: 417-3006

Andrew M. Tobin (District 1), atobin@azleg.gov, phone: 926-5172, fax: 417-3085

Thank you all again for a great victory! We don’t think we have heard the last of this bill, so please stay tuned for updates and stay involved.

Source: Walt Gray