Voters May Decide Fate of Payday Loans
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Stateline.org: In Arizona, an industry-led coalition is collecting signatures to qualify for a ballot initiative wiping out a state law that will shut down the industry in two years. The strategy could be risky. If voters reject the ballot measures, opponents of payday lending say they would use the defeats to puncture the industry's argument that such loans are popular with consumers who need small amounts of cash for emergencies.
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Comments
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