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"The fight is never about grapes or lettuce. It is always about people." Cesar Chavez |
:: Thursday, November 24, 2005 ::
Judge rules payday lending law is constitutional - By Wesley Brown, Arkansas News Bureau
Tom Hardin, representing the check-cashing industry, said the plaintiffs' usury argument was irrelevant.
'They keep talking like this is a usury case - there is no usury case because it is not relevant,' Hardin argued. 'What they want is for this court to act as a super-Legislature.'
Following the hearing, several members of an anti-payday lending coalition expressed frustration with Sims' ruling.
Representatives of the group, including AARP, the Better Business Bureau, NAACP, Good Faith Fund, ACORN and the AFL-CIO, openly decried the industry's practices as abusive because they target the poor, elderly and minorities.------------------------------------------- posted 5:01 AM :: reference link ::
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