Why do people autoatically assume that this is a bad thing? Providing campaign contributions is a good thing. There isn’t a single effetive organization out there that doesn’t donate to campaign funds. The industry is operating in good faith above the table.
It looks like Illinois’ lenders are pretty organized compared with other states. Payday lending is a complicated issue. Many people need short term capital. It’s important to try and get it right for both sides. No one is against regulation, just make it reasonable.
Here is the article.
