Category Archives: State Legislative Updates

AZ State Veterans Legislative Update 2 March 2016: S/E S.B. 1316 – Predatory Lending

Subject for use on Email to be forwarded: S.B. 1316 S/E: ‘consumer lending; regulation, licensure’

SB 1316 passed in the House Ways & Means Committee meeting at about 7:15 PM on 29 February after over two hours of discussion and testimony where the Bill’s Sponsor, Lobbyists, Loan Industry Representatives and a Minister from one of the most vulnerable neighborhoods in Arizona provided their slanted rationale for the need for this legislation to help some of the most vulnerable of our citizens when in fact it is an outrageous debt trap for the victims and a boon for the lending industry.

The Bill is now expected to be on a House Caucus agenda and/or up for final vote on the House Floor within the next week or so.

The text of the draft message at the end of this Email high lights the issue that I am sure you are all aware of. So I don’t believe that I need any further recap of this now widely publicized issue. Below is the process for forwarding a brief Email (shown at the end of this message) urging all State Representatives to vote against SB 1316 whenever it comes up for a vote in the House.

Email addresses with Semi-colons for all members of the Arizona House of Representatives:

You might want to print this Email now to have the instructions below available to facilitate using this process.

Guidance for processing and sending your Email in the next day or so.

And when you are ready to forward the Message at the end of this text to all members of the House of Representatives:

Click on “Forward”from this message so that the attachment will be included with the message that will then be ready for final processing for sending. (Note: Clicking on “Forward”doesn’t send the message. It merely sets it up to complete the processes below before hitting “Send”).
Then delete the Subject line of the new message, and copy: S.B. 1316: S/E: ‘consumer lending; regulation, licensure’ here or at the beginning of the text of this Email and paste it on the Subject: line.
Edit the message that appears at the end of this message if desired and enter your name (and retired Rank if you are a Military Retiree) if desired (recommended) after the word ‘Respectfully‘ at the end of the message * (and if you are helping out, which we greatly appreciate, but are not a Veteran, delete the words ”as an Arizona Veteran” in the first line before sending it),. Enter your address if desired, but that might tend to make the Senators or their staff to delete your message if you are not a constituent before they read at least the first sentence in the message. And if you are a constituent or acquaintance of one or more of the Representatives, in addition to sending an Email to all of House of Representatives Members, please consider calling their office(s) with your concerns.NOTE: You can click here on www.azleg.gov then at that screen click on the “House” tab along the top of the page and then on “Members” on the drop down menu to access the telephone numbers of all members.
Copy the Email addresses with Semi-colons for all members of the Arizona House of Representatives:above (high light the addresses of all 60 members and then hit ‘Ctrl’ and ‘C’ simultaneously), and paste it on the Bcc: line (put your cursor on the Bcc: line above and then hit ‘Ctrl’ and ‘V’ simultaneously.

NOTE:

If you have problems with your system not allowing so many addresses at one time, break the group of 60 down into two or more groups for use in sending the message to those two or more groups.

And if your system rejects the use of Semi-colons separating the addresses, follow the above process using the group of addresses separated by Commas.

Now High Light the blue line shown below (place your curser just below the blue line) and sweep upward acrosseverything above it.
Then hit “Delete” on your keyboard . That will leave just the Draft Message that now appearsbelow the blue line as the text of your new Email.
7.Then when you feel comfortable that you have completed all the steps correctly, you can hit “Send” to send your Email.

Draft Message

Honorable State Representative,

While I may not be one of your constituents, I as an Arizona Veteran urge you to vote NO on SB 1316 when it appears on any House agenda. It would provide lenders with a new product called a Flexible Credit Loan that would enable them to charge up to 180% to 204% annual percentage rate on debt trap type consumer loans. For example on a $2500 loan (max allowed by the Legislation), it would require the borrower to make payments of over $2500 in the first six months (of the 2 years allowed by the Legislation) while reducing the amount owed on the principle by less than $100 and still owe over $7500 in payments on the loan. See page 2 of the attached for an example.

If that’s not enough to convince you that SB 1316 is a bad deal for Arizona, consider reviewing the two plus hours 29 February House Ways & Means Committee meeting video and listen to the testimony of the bill sponsor, Lobbyists, and in and out of State Loan Industry Representatives and ask yourself who is this Bill going to benefit most? And while it passed in a very partisan manner in the Ways & Means Committee, the nature of this Bill is not partisan. It adversely affects all vulnerable individuals regardless of party affiliation. Please don’t let it evolve to a partisan issue in any follow on vote. And please don’t let yourself, by voting YES, to possibly appear to be in the pocket of lobbyists who are so engaged in pushing passage of this Bill as may be the case for some who are pressing you to vote Yes on SB 1316 that would bring Payday Lending like loans (Flexible Credit Loans at usurious 180% to 204% annual percentage rates) back to Arizona after a resounding vote of the people to end payday lending in Arizona in 2008.

Respectfully,

AZ State Veterans Legislative Update 26 February 2016: S/E S.B. 1316- Predatory Lending

Subject: S.B. 1316: S/E: ‘consumer lending; regulation, licensure’

Predatory lending is back on the State Legislative agenda, this time in the House.

And while it probably does not apply to you personally, please consider how it will affect some other

Veterans and others in need of temporary financial help, and join us in helping to defeat this new Predatory Lending Bill.

Arizona Senate Bill S.B. 1316: Strike Everything: ‘consumer lending; regulation; licensure’ is another attempt by payday lenders and their lobbyists to ram through an amendment to Arizona Revised Statute (A.R.S.) that would allow predatory lenders to make high interest secured and unsecured loans. We were instrumental in stopping the earlier version (S.B. 1447) in the Senate Finance Committee on 10 Feb. However, the payday lenders are continuing to disguise their predatory product by calling it a “Flexible Credit Loan”. It’s really a DEBT TRAP, particularly for veterans and other families in need for temporary financial help. In 2008 we were instrumental in killing outrageous fees ‘Payday Loans’ in Arizona, and 60% of Arizonans voted to cap interest rates at the Federal 36% annual interest rate, banning predatory consumer loans. And in 2015 we were instrumental in killing H.B. 2611 ‘consumer flex loans’. and we were instrumental in killing S.B. 1447 in the Senate Finance Committee earlier this month on 10 February. Now it’s time to stop a nearly identical Strike Everything Bill (S.B. 1316) early in its path to a full House vote.

The full 21 page (PDF Version) text of S.B. 1316 can be accessed by searching on www.azleg.gov in your browser. At that site, click on “Bills” then click on “Bill Info” in the drop down menu. At the next screen under Senate Bills click on “SB1301 through SB1350”. At the next screen, then scroll down and click on “S.B. 1316”. At the next screen under “Proposed Amendments” click on ”HOUSE PROPOSED AMENDMENT: Ways and Means – Strike Everything” then click on HTML or PDF, or you may be able to just click on HTML or PDFhere when you are ready to view it.

While not readily evident, S.B. 1316 (like S.B. 1447) would allow so called ‘Flexible Credit Loan’ annual percentage interest rates of 180% on secured loans and 204% on unsecured loans. While the bill mentions “Annual Percentage Rate” at Section 6-1801. 2., and at Section 6-1809 where they require lenders to “REPORT THE LICENSEE’S AVERAGE ANNUAL PERCENTAGE RATE”, no place in the Bill do they mention what the maximum “Annual Percentage Rate” is

Only at Section 6-1832 Finance Charges near the end of the document do they give a hint (hidden to most as was the case last year and earlier this month) at what that ‘Annual Percentage Rate’ is, where it says:

6-1832. Finance charges

A LICENSEE MAY CONTRACT FOR AND RECEIVE FINANCE CHARGES ON A

FLEXIBLE CREDIT LOAN THAT DOES NOT EXCEED THE FOLLOWING IF THE ORIGINA

PRINCIPAL AMOUNT OF THE FLEXIBLE CREDIT LOAN IS AT LEAST FIVE HUNDRED DOLLARSBUT NOT MORE THAN TWO THOUSAND

FIVE HUNDRED DOLLARS:

A RATE OF SEVENTEEN PERCENT PER MONTH IF UNSECURED.
A RATE OF FIFTEEN PERCENT PER MONTH IF SECURED WITH PERSONAL

PROPERTY.

A LICENSEE MAY NOT COMPOUND FINANCE CHARGES.

And these equate respectively to 204% (17% X 12 Months) and 180% (15% X 12 Months) ‘annual percentage rates’.

That’s exactly the kind of abusive debt trap lending that this Strike Everything Bill would allow. Since 2008, when we were instrumental in killing “Payday Loans”, lenders in Arizona have been trying to evade the voters’ will by seeking out loopholes. Now these predatory lenders again want to charge outrageous fees, and we can’t let them do that.

Debt trap lenders market their loans as a one-time quick fix, but the interest rates and fees are so high borrowers often end up not being able to afford to pay off their loans and cover their normal living expenses. They often end up in the debt trap taking out loan after loan after loan, paying new fees each time. It’s perfectly clear that this is what these payday lenders will do.. We know these loans can do real harm in our communities.

And again, we and the voters have spoken loud and clear in 2015 and 2008 on this issue.

Please consider calling and/or emailing members of the House Ways and Means Committee to make your voice heard to oppose S.B. 1316. We don’t want debt trap lending in Arizona. Don’t delaybecause the bill is scheduled to be heard in the House Ways and Means Committee on Monday 29 February at 0900.

House Ways and Means Committee Member names, Email addresses. and phone numbers:

Reginald Bolding Jr [email protected] (602) 926-3132

Mark A. Cardenas [email protected] (602) 926-3014

Anthony Kern [email protected] (602) 926-3102

Javan D. “J.D” Mesnard [email protected] (602) 926-4481

Darin Mitchell [email protected] (602) 926-5894

Justin Olson [email protected] (602) 926-5288

Michelle B. Ugenti-Rita [email protected] (602) 926-4480
Jeff Weninger [email protected] (602) 926-3092

Bruce Wheeler [email protected] (602) 926-3300

Please consider following the guidance below to send the recommended message (or edited if desired). Please send the message to the House Ways and Means Committee members today, this evening or ASAP this weekend so that our Emails will be at the top of their “In Boxes” on Monday morning when they arrive at work.

I have drafted text for an Email (below) that I recommend you review (and edit if desired) after it becomes the only text left in the Email to be sent to the Committee Members.

House Ways and Means Committee Member Email addresses:

[email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]

You might want to print this Email now to have the instructions below available to facilitate using this process.

Guidance for processing and sending your Email.

When you are ready to forward the Message at the end of this text to the House Ways and Means Committee Members:

Click on “Forward”from this message so that the attachment will be included with the message that will then be ready for final processing for sending. (Note: Clicking on “Forward” doesn’t send the message. It only sets it up to complete the processes below before hitting “Send”).
Then delete the Subject line of the new message, and copy: ‘S.B. 1316: S/E: ‘consumer lending; regulation, licensure’ here or at the beginning of the text of this Email and paste it on the Subject line.
Edit the message that appears below the blue line below if desired, and enter your name (and retired Rank if you are a Military Retiree) after the word ‘Respectfully‘ at the end of the message. Enter your address if desired, but that might tend to make the Senators or their staff to delete your message if you are not a constituent before they read at least the first sentence in the message. If you are a constituent of one of the Representatives, in addition to sending an Email to all of Committee Members, please consider cons calling your Representative’s office with your concerns
Copy the nine House Ways and Means Committee Member Email addresses: above (high light the whole line of 9members and then hit ‘Ctrl’ and ‘C’ simultaneously), and paste it on the Bcc: line (put your cursor on the Bcc: line above and then hit ‘Ctrl’ and ‘V’ simultaneously.
Now High Light the blue line shown below (place your curser just below the blue line) and sweep upward acrosseverything above it.
Then hit “Delete” on your keyboard . That will leave just the Draft Message that now appearsbelow the blue line as the text of your new Email.
7.Then when you feel comfortable that you have completed all the steps correctly, you can hit “Send” to send your Email.

Draft Message

While I as a Veteran may not be one of your constituents, but as a member of the House Ways and Means Committee representing all Arizona citizens, I am seeking your support in opposing Senate Bill S.B. 1316: S/E: ‘consumer lending; regulation; licensure ‘. S.B. 1316 is an attempt by predatory payday lenders and their lobbyists to ram through an amendment to Arizona Revised Statute that would allow predatory lenders to make extremely high cost loans in Arizona.

While S.B. 1316 prohibits making loans having an annual percentage rate greater than 36% to members of the US Armed Forces, their dependents and Guard and Reserve personnel on active duty (Section 6-1811. D.), payday lenders and their lobbyists are trying to open the door to a predatory lending product calling it a “Flexible Credit Loan” that’s really a DEBT TRAP, particularly for veterans and other families in need for temporary financial help. In 2008, 60% of Arizonans voted to cap interest rates at the Federal 36% annual interest and to ban predatory consumer ‘payday loans’. And in 2015 we were able to kill House Bill H.B. 2611 ‘consumer flex loans’.

While S.B. 1316 requires lenders to annually report their “average annual percentage rate” (Section 6-1809), nowhere in the bill do they quote what the maximum annual percentage rate is. Only in Section 6-1832 do they specify: “a rate of 17% per month if unsecured” and “a rate of 15% per month if secured with personal property”. Not readily evident to some, these equate respectively to 204% and 180% annual percentage rates.

For example, on a one year $1000 secured loan, if only the 15% monthly interest is paid monthly until the time the $1000 loan must finally be paid off in one lump sum at the end of the term of the loan, especially when the borrower is extremely hard pressed at the time of taking out the loan, the borrower will have paid $1700 in interest on the $1000 loan. However as with most loans, higher monthly payments include a portion of the principle in addition to the required interest (sometimes with a relatively large lump sum final principle pay off as part of final payment), the cumulative 15% monthly interest over the year will be somewhat less than $1700 in interest to pay off the $1000 loan.

As an example, the attached contains several amortization tables including for example Figure 2. on the second page, That table shows that for an unsecured loan of $2500 over a two year period, (the max authorized by this legislation), the borrower would pay a total of $10,441.15 in monthly payments, including $9,441.15 in interest to pay off a $2,500 loan over two years.

That’s exactly the kind of predatory lending this Bill would allow. We can’t let them do that.

Faith leaders, veterans groups, and responsible civic leaders across the state are opposed to abusive loans like S.B. 1316 would legalize. Predatory Loans have no place in Arizona and voters have said so, loud and clear in the past. And it’s time to do so again.

Please vote to oppose S.B. 1316 in the House Ways and Means Committee.

Respectfully,

State Veterans Legislative Update 10 February 2016: SB 1447- Predatory Lending

SB 1447: ‘consumer lending; licensing; regulation’ failed in a 3 to 2 vote in the Senate Finance Committee today. Many thanks to a of you who supported this effort to Kill SB 1447

Please consider sending a thank you note to the three committee members who voted NO, and consider Cc: ing the sponsors of the Bill

I have prepared a draft message at the end of this Email and modified the instructions below.

Senate Financial Committee Member phone numbers of those who voted NO, in case you want to call them personally to thank them:

Steve Farley; (602) 926-3022

Lynne Pancrazi; (602) 926-3004 Kimberly Yee; (602) 926-3024

Three Senate Finance Committee Member who voted NO, to be placed on the To: line.

[email protected]; [email protected]; [email protected];

The 7 sponsors of SB-1447 (including Lesko who voted YES) plus Yarbrough who also voted YES, to be placed on the Cc: Line.

[email protected]; [email protected]; [email protected]; [email protected]; [email protected];

[email protected]; [email protected]; [email protected];

You might want to print this Email now to have the instructions below available to facilitate using this process.

Guidance for processing and sending your Email.

When you are ready to forward the Message at the end of this text to thank the 3 Senate Finance Committee Members who voted NO on SB 1447, and consider Cc:ing those who voted Yes and the Sponsors of the Bill

Click on “Forward”from this message so that the attachment will be included with the message that will then be processed for sending. (Note: Clicking on “Forward” doesn’t send it. It only sets it up to complete the processes below before hitting “Send”).
Then delete the Subject line of the new message, and copy SB 1447: ‘consumer lending; licensure; regulation’here or at the beginning of the text of this Email and paste it on the Subject line.
Edit the message that appears below the blue line below if desired, and enter your name (and retired Rank if you are a Military Retiree) after the word ‘Respectfully‘ at the end of the message. Enter your address if desired,
Copy the Email addressesof the three Senate Finance Committee Member who voted NO and place them on the To: line. High light the whole line of 3 members and then hit ‘Ctrl’ and ‘C’ simultaneously), and paste it on the To: line (put your cursor on the To: line above and then hit ‘Ctrl’ and ‘V’ simultaneously.
Consider, at your discretion, repeating the step above to copy the names of the 7 sponsors of the bill and Yarbrough who voted YES and place them on the Cc: line
Now High Light the blue line shown below (place your curser just below the blue line) and sweep upward acrosseverything above it.
Then hit “Delete” on your keyboard . That will leave just the Draft Message that now appearsbelow the blue line as the text of your new Email.
7.Then you can hit “Send” to send your Email.

Draft Message

Thanks to the three of you who voted NO on SB 1447 in the Senate Finance Committee meeting yesterday. Your continued concern for Arizona Citizens is greatly appreciated.

Respectfully,

AZ State Veterans Legislative Update 7 February 2016: SB 1447- Predatory Lending

Subject: SB 1447: ‘consumer lending; licensing; regulation’

Predatory lending is back on the State Legislative agenda

And while it probably does not apply to you, please consider how it will affect some other Veterans

and others in need of temporary financial help, and join us in helping to defeat this Predatory Lending Bill.

Arizona Senate Bill SB 1447: ‘consumer lending; licensure; regulation’ is another attempt by payday lenders and their lobbyists to ram through an amendment to Arizona Revised Statute (A.R.S.) that would allow predatory lenders to make high interest secured and unsecured loans. The payday lenders are trying to disguise their predatory product by calling it a “Flexible Credit Loan”. It’s really a DEBT TRAP, particularly for veterans and other families in need for temporary financial help. In 2008 we were instrumental in killing outrageous fees ‘Payday Loans’ in Arizona, and 60% of Arizonans voted to cap interest rates at the Federal 36% annual interest rate, banning predatory consumer loans. And in 2015 we were instrumental in killing HB 2611 ‘consumer flex loans’. Now it’s time to stop SB 1447 early in its path to a full Senate vote.

The full 15 page text of SB 1447 can be accessed by searching on www.azleg.gov in your browser. At that site, click on “Bills” then click on “Bill Info” in the drop down menu. At the next screen under Senate Bills click on “SB1401 through SB1450”. At the next screen, then scroll down and click on “SB 1447”. At the next screen click on “Show Versions”, then click on “HTML’ or PDF at your discretion (recommend PDF).

While not readily evident, SB 1447 would allow so called ‘Flexible Credit Loan’ annual percentage interest rates of 180% on secured loans and 204% on unsecured loans. While the bill mentions “Annual Percentage Rate” at Section 6-1801. 2. and at Section 6-1809 where they require lenders to “REPORT THE LICENSEE’S AVERAGE ANNUAL PERCENTAGE RATE”, no place in the Bill do they mention what the maximum “Annual Percentage Rate” is.

Only at Section 6-1832 Finance Charges on page 14 of the 15 page document do they give a hint (hidden to most as was the case last year) at what that ‘Annual Percentage Rate’ is, where it says:

6-1832. Finance charges

19 A. A LICENSEE MAY CONTRACT FOR AND RECEIVE FINANCE CHARGES ON A

20 FLEXIBLE CREDIT LOAN THAT DOES NOT EXCEED THE FOLLOWING IF THE ORIGINAL

21 PRINCIPAL AMOUNT OF THE FLEXIBLE CREDIT LOAN IS AT LEAST FIVE HUNDRED DOLLARS

22 BUT NOT MORE THAN TWO THOUSAND FIVE HUNDRED DOLLARS:

23 1. A RATE OF SEVENTEEN PERCENT PER MONTH IF UNSECURED.

24 2. A RATE OF FIFTEEN PERCENT PER MONTH IF SECURED WITH PERSONAL

25 PROPERTY.

And these equate respectively to 204% (17% X 12 Months) and 180% (15% X 12 Months) ‘annual percentage rates’.

That’s exactly the kind of abusive debt trap lending that this Bill would allow. Since 2008, when we were instrumental in killing “Payday Loans”, lenders in Arizona have been trying to evade the voters’ will by seeking out loopholes. Now these predatory lenders want to charge outrageous fees, and we can’t let them do that.

Debt trap lenders market their loans as a one-time quick fix, but the interest rates and fees are so high borrowers often end up not being able to afford to pay off their loan and cover their normal living expenses. They often end up in the debt trap taking out loan after loan after loan, paying new fees each time. It’s perfectly clear that this is what these payday lenders will do.. We know these loans can do real harm in our communities.

And again, we and the voters have spoken loud and clear in 2015 and 2008

Please consider calling and/or emailing members of the Senate Finance Committee to make your voice heard to oppose SB 1447. We don’t want debt trap lending in Arizona. Don’t delay because the bill is scheduled to be heard in the Senate Finance Committee on Wednesday 10 February at 0900.

Senate Financial Committee Member names, Email addresses. and phone numbers:

Steve Farley; [email protected]; (602) 926-3022
Debbie Lesko; [email protected]; (602) 926-5413
Lynne Pancrazi; [email protected]; (602) 926-3004
Steve Yarbrough; [email protected]; (602) 926-5863
Kimberly Yee; [email protected]; (602) 926-3024

Please consider following the guidance below to send the recommended message (or edited if desired). Please send the message to the Senate Finance Committee members today, this evening or ASAP thereafter so that our Emails will be at the top of their “In Boxes” on Monday morning or soon after they arrive at work.

I have drafted text for an Email (below) that I recommend you review (and edit if desired) after it becomes the only text left in the Email to be sent to the Committee Members.

Senate Finance Committee Member Email addresses:

[email protected]; [email protected]; [email protected]; [email protected]; [email protected];

You might want to print this Email now to have the instructions below available to facilitate using this process.

Guidance for processing and sending your Email.

When you are ready to forward the Message at the end of this text to the State Senate Finance Committee Members:

Click on “Forward”from this message so that the attachment will be included with the message that will then be processed for sending. (Note: Clicking on “Forward” doesn’t send it. It only sets it up to complete the processes below before hitting “Send”).
Then delete the Subject line of the new message, and copy SB 1447: ‘consumer lending; licensure; regulation’here or at the beginning of the text of this Email and paste it on the Subject line.
Edit the message that appears below the blue line below if desired, and enter your name (and retired Rank if you are a Military Retiree) after the word ‘Respectfully‘ at the end of the message. Enter your address if desired, but that might tend to make the Senators or their staff to delete your message if you are not a constituent before they read at least the first sentence in the message. If you are a constituent of one of the Senators, in addition to sending an Email to all of the others, consider repeating the process and send a message to your Senator with your address, etc. shown.
Copy the five Senate Finance Committee Member Email addresses: above (high light the whole line of 5 members and then hit ‘Ctrl’ and ‘C’ simultaneously), and paste it on the Bcc: line (put your cursor on the Bcc:line above and then hit ‘Ctrl’ and ‘V’ simultaneously.
Now High Light the blue line shown below (place your curser just below the blue line) and sweep upward acrosseverything above it.
Then hit “Delete” on your keyboard . That will leave just the Draft Message that now appearsbelow the blue line as the text of your new Email.
7.Then you can hit “Send” to send your Email.

Draft Message

While I as a Veteran may not be one of your constituents, but as a member of the Senate Finance Committee representing all Arizona citizens, I am seeking your support in opposing Senate Bill SB 1447: ‘consumer lending; licensure; regulation’. SB 1447 is an attempt by predatory payday lenders and their lobbyists to ram through an amendment to Arizona Revised Statute that would allow predatory lenders to make extremely high cost loans.

While SB 1447 prohibits making loans having an annual percentage rate greater than 36% to members of the US Armed Forces, their dependents and Guard and Reserve personnel on active duty (Section 6-1811. C.), payday lenders and their lobbyists are trying to open the door to a predatory product calling it a “Flexible Credit Loan” that’s really a DEBT TRAP, particularly for veterans and other families in need for temporary financial help. In 2008, 60% of Arizonans voted to cap interest rates at the Federal 36% annual interest and to ban predatory consumer ‘payday loans’. And in 2015 we were able to kill House Bill HB 2611 ‘consumer flex loans’.

While SB 1447 requires lenders to annually report their “average annual percentage rate” (Section 6-1809), nowhere in the bill do they say what the maximum annual percentage rate is. Only in Section 6-1832 do they specify: “a rate of 17% per month if unsecured” and “a rate of 15% per month if secured with personal property”. Not readily evident to some, these equate respectively to 204% and 180% annual percentage rates.

That’s exactly the kind of predatory lending this Bill would allow. We can’t let them do that.

Faith leaders, veterans groups, and sensible people on both sides of the aisle are opposed to abusive loans like SB 1477 would legalize. Predatory Loans have no place in Arizona and voters have said so, loud and clear in the past. And it’s time to do so again.

Please vote to oppose SB 1447 in the Finance Banking Committee.

Respectfully,

Current bills before the AZ State Legislature

If you are curious what the Arizona state legislature is working on, see the attached list.

ADVS Legislative Update-29 Jan 2016

Arizona Veterans’ Benefits (As of 28 September 2011)

See attachment. ARIZONABENEFITS-Asof28September2011

MOAA CORONADO – MOAA 5 STAR LEVEL OF EXCELLENCE AWARD AND FIVE STAR COMMUNICATIONS AWARD FOR 2023

Sierra Vista, Arizona

Category Archives: State Legislative Updates

AZ State Veterans Legislative Update 2 March 2016: S/E S.B. 1316 – Predatory Lending

AZ State Veterans Legislative Update 26 February 2016: S/E S.B. 1316- Predatory Lending

State Veterans Legislative Update 10 February 2016: SB 1447- Predatory Lending

AZ State Veterans Legislative Update 7 February 2016: SB 1447- Predatory Lending

Current bills before the AZ State Legislature

Arizona Veterans’ Benefits (As of 28 September 2011)