March 17, 2010 08:55 PM UTC

Rep. Sue Schafer's Vote May Kill Payday Lending Bill

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• by: Colorado Pols

Democratic Rep. Sue Schafer (that’s her on the left) appears to be the vote that may kill the Payday Lending reform bill we have written about repeatedly in this space (ever since Payday Lenders started spamming us).

The Payday Lending reform bill hasn’t seen much action since a flurry of activity a week ago, and we hear that has a lot to do with Schafer’s opposition after listening to former HD-24 Representative (and current state Senate candidate) Cheri Jahn, who worked to kill previous Payday Lending reform bills when she was in the legislature.

That’s right — two Democrats from a strongly-Democratic district may be primarily responsible for killing Payday Lending reform for the second time.