Arizona Governor Jan Brewer continued to show signs that she may be supportive of allowing payday lenders to continue doing business within the state, saying on Monday that she would consider a law to extend payday loans in the state.
“Well, the legislature, of course, is a deliberatory (sic) body,” Brewer said, according to the Verde Independent. “And if they want to go in there and discuss payday loans I think that’’s what they were elected to do.”
Brewer also denied that she was ignoring public sentiment on the matter by continuing to give payday loans another chance in the state.
In 2008 the Payday Loan Reform Act – which proposed an extension of a special law enacted in 2000 with a “sunset clause” in 2010 that allows payday lenders to charge more fees than the state normally allowed – was denied at the ballots with nearly 60 percent of votes going against it, according to Ballotpedia.
“Actually, it’s my understanding from what I read in the newspaper and from the little bit of briefing from my staff that the payday lenders… are going to go in and they’re going to make some modifications,” the governor said, according to the Independent.
Earlier on Monday Brewer said she had no problems with the fact that some of her political associates had been recruited by the payday loan industry to lobby on their behalf.
