Legislation to crack down on interest rates charged by so-called “Payday Lenders” should see a vote in the State Senate any day now.
All Senate Republicans are likely ‘NO’ votes on Payday Lending Reform, but a couple of Democrats are also thought to be leaning towards nay, chief among them Sen. Mary Hodge (left) and Sen. Lois Tochtrop (right).
And by the way, Payday Lenders, stop spamming us.
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also opposes. Littleton’e Joe Rice opposed in the House.
Received a $400 contribution in her 2008 senate bid from Ron Rockvam, owner of Money Now in Colorado and the president of the Colorado Financial Service Centers Association (payday lender trade association). I’d say that could put her in the “no” column…(I reported this in the Statesman last Friday).
is for sale at that low a price?
she’s for sale for $400 but I do think she’s misguided on this one.
Rockvam also gave contributions to Joe Rice (a no vote on 1351), Debbie Benefield (another no vote on 1351) and Rockvam’s son, his business partner, also gave money to Rice’s campaign, in October, 2008.
When you look at the Rockvam’s political contributions, they go strictly to Republicans – except for the Democrats who voted no on 1351 or on Ferrandino’s previous payday loan efforts. Money might not buy the vote but it does get access, as Morgan Carroll said yesterday at the capitol when she announced SB 203.