Lee Miller
“Everybody needs an enemy, and instead of going after the problem, they want to take a swing at payday [lending].”
Payday loan industry trade group lobbyist Lee Miller defends his industry and believes opponents should look at the true cause of financial difficulties…
Miller believes that excessive fees from traditional financial institutions and utility companies drive people to the doors of payday loan companies:
“If you really wanted to do something about payday loans… you’d go after the source of the problem people have, which is outrageous bank fees and utility disconnect fees…because, if you avoided those, there’d be no need for payday lending.”
Lee Miller is a lobbyist for the Arizona Community Financial Services Association.
Source: Lawmaker to Take Payday Loan Regulation to Ballot by Jim Small (Arizona Capitol Times)
If you want to avoid the expensive fees of payday lenders, banks and utility companies, start a budget and create a rainy day fund today.
Recent Posts:
- 05/05/2009: CompareCashLoans.com Gets a Facelift
- 06/16/2008: Demographic Study of Online Payday Loan Consumers
- 05/26/2008: Daniel O’Sullivan
- 04/24/2008: Update: Payday Loan Laws that Hurt Consumers
- 04/07/2008: Manitoba Public Utilities Board
Random Posts:
- 01/10/2007: Senator Chuck Gray
- 10/04/2007: Wendy Gibson
- 02/09/2007: Jamie Fulmer
- 07/08/2006: Professor Tom Lehman
- 07/26/2006: Use Only for Emergencies