Richmond Times-Dispatch
June 2nd, 2009
Jeff Schapiro
Terry McAuliffe, running for the Democratic nomination for governor, wants to run payday lenders out of Virginia.
Not so fast, says the high-cost, instant-loan industry.
The Community Financial Services Association, a trade group for the nation's biggest payday lenders, is using its blog, http://www.paydaypundit.org, to mobilize its troops against McAuliffe.
McAuliffe, in Richmond today for a meet-and-greet with more than 40 staffers and volunteers, hinted that lenders have offered to contribute money to his campaign, but that he's not interested.
"The audacity of these people," said McAuliffe.
McAuliffe wants to give the boot to car-title lenders, too. His beef with the fringe-credit business: That it profits at the expense of the poor and uneducated.
Click here to read more.
Tuesday, June 2, 2009
You can tell a lot about a candidate by the enemies he makes
Labels:
macker,
mcauliffe,
payday lenders,
t-mac,
terry,
terry mcauliffe,
va-gov,
virginia
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