AZ Politicians Cry Fairness, Payday Loans Call Their Bluff

Politicians anything but fair with payday loans

… what your legislators tell you it’s going to be.

Payday loans remain an issue in Arizona. Consumers want them, politicians who represent themselves and their squeaky wheel interest groups ahead of average constituents want them out. This legislation wastes taxpayer time over how payday loan and other legislation can make the ballot.

Daniel Scarpinato of the Arizona Daily Star reports that Arizona voters could have the chance to vote next year on how ballot measures make it to the polls. This was prompted by a number of issues among 2008 ballot measures, including the Payday Loan Reform Act (which was on the ballot as Proposition 200). New legislation would make changes to how citizens gather signatures and put items on the ballot and how legislators would refer items to the ballot. If voters green-light the measures, they would go into effect in 2012. ... click here to read the rest of the article titled "AZ Politicians Cry Fairness, Payday Loans Call Their Bluff"