http://www.politicalparlor.net/wp/2006/09/14/barrons-change-of-heart/ & Home of Lawn Mower Repair Wed, 08 Oct 2008 02:38:13 +0000 http://wordpress.org/?v=2.0.5 http://www.politicalparlor.net/wp/2006/09/14/barrons-change-of-heart/#comment-10803 Mon, 08 Oct 2007 19:53:13 +0000 http://www.politicalparlor.net/wp/2006/09/14/barrons-change-of-heart/#comment-10803 [...] The interest rate for most loans to Alabamians is capped at 36% APR by the Small Loan Act, but the legislature passed a law exempting payday loans from the statute after the banking industry sued payday loan businesses to bring them into compliance. Last fall, Sen. Lowell Barron (D - Fyffe) claimed to be committed to reforming the payday loan industry in the state, but the legislation he eventually proposed appeared to be written by the industry itself. Then-Senator Bradley Byrne (R - Fairhope) proposed the real change in the industry with a bill that would subject payday loans to regulation under the existing Small Loan Act. [...] […] The interest rate for most loans to Alabamians is capped at 36% APR by the Small Loan Act, but the legislature passed a law exempting payday loans from the statute after the banking industry sued payday loan businesses to bring them into compliance. Last fall, Sen. Lowell Barron (D - Fyffe) claimed to be committed to reforming the payday loan industry in the state, but the legislation he eventually proposed appeared to be written by the industry itself. Then-Senator Bradley Byrne (R - Fairhope) proposed the real change in the industry with a bill that would subject payday loans to regulation under the existing Small Loan Act. […]

]]> http://www.politicalparlor.net/wp/2006/09/14/barrons-change-of-heart/#comment-3581 Thu, 26 Apr 2007 16:16:04 +0000 http://www.politicalparlor.net/wp/2006/09/14/barrons-change-of-heart/#comment-3581 [...] Lowell Barron, D-Fyffe, claimed to see the light last fall. The former President pro tem said then that he would get out of the payday loan business and propose reform for the industry this session. [...] […] Lowell Barron, D-Fyffe, claimed to see the light last fall. The former President pro tem said then that he would get out of the payday loan business and propose reform for the industry this session. […]

]]> http://www.politicalparlor.net/wp/2006/09/14/barrons-change-of-heart/#comment-345 Fri, 15 Sep 2006 15:09:00 +0000 http://www.politicalparlor.net/wp/2006/09/14/barrons-change-of-heart/#comment-345 It might have something to do with the fact that Barron was one of the heavy funders of the PACs that ran ads criticizing Dial, Pruett, and Holley for votes against bannng payday load operations. It might have something to do with the fact that Barron was one of the heavy funders of the PACs that ran ads criticizing Dial, Pruett, and Holley for votes against bannng payday load operations.

]]> http://www.politicalparlor.net/wp/2006/09/14/barrons-change-of-heart/#comment-344 Fri, 15 Sep 2006 06:02:00 +0000 http://www.politicalparlor.net/wp/2006/09/14/barrons-change-of-heart/#comment-344 I'm glad to hear this. His campaign email address was something at cashexpress -dot- com or something. I thought that was just a little off for someone in office. Well... kinda. Actually, I guess it makes sense. I’m glad to hear this. His campaign email address was something at cashexpress -dot- com or something. I thought that was just a little off for someone in office. Well… kinda. Actually, I guess it makes sense.

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