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Michigan payday loan

The top was named the best big newspaper that is weekly Arkansas.

The top was named the best big newspaper that is weekly Arkansas.

It offers workplaces in Jacksonville and Cabot and covers north Pulaski County, Lonoke County and White County. The first choice is a grouped family owned and operated newspaper that was started in 1987.

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Wednesday, May 02, 2007

TOP TALE Opponents fight payday lenders

By JOHN HOFHEIMERLeader staff journalist

Inspite of the state General Assembly’s failure to criminalize consumer that is high-interest throughout the 2007 session, just finished, there was progress on a few fronts, based on Hank Klein, founder of Arkansans Against Abusive Payday Lending (AAAPL.)

Into the Arkansas House, lawmakers voted overwhelmingly to just take not merely the attention but in addition the main away from pay day loans. But members of the Arkansas Financial Services Association sandbagged the balance when you look at the Senate Commerce and Banking Subcommittee with some well-placed $500 campaign efforts.

Pay day loans are tiny loans, often $100 to $500, created for on average week or two, Klein stated.