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Publication Date: July 2008
Publisher: National Institute on Money in State Politics (U.S.)
Author(s): Scott Jordan
Research Area: Banking and finance; Politics
Keywords: payday lending
Type: Report
Coverage: United States
Abstract:
As legislators across the country propose additional regulation regarding the predatory financial services industry, the payday lenders have increased their political giving. Since the 2000 election cycle, companies and associations representing the industry contributed more than $10.2 million to state-level candidates and party committees in 41 states.