Archive for the 'Payday Lending' Category

Getting CORC’ed

Thursday, May 8th, 2008

Last night was the annual meeting of the Coalition of Religious Communities (CORC).  The Coalition represents 20+ denominations thoughout Utah.  Members of CORC work on a broad array of social justice issues, primarily issues of economic justice - although we were also one of the leading groups supporting effective hate crimes legislation.  CORC’s leadership is drawn […]

Solving the payday lending problem

Friday, April 11th, 2008

A friend in the Mayor’s office has gently pointed out that my Wednesday payday lending post was unduly harsh.  Salt Lake’s council and administration are working on a solution.  They want to create an ordinance that isn’t slapped together, that actually does some good.  And that means doing all the work in the right way - […]

Those payday lenders aren’t gonna regulate themselves!

Wednesday, April 9th, 2008

Three years ago, former Salt Lake City council member Nancy Saxton proposed an ordinance to regulate payday lenders in Salt Lake City. The ordinance - identical to that used in West Valley, Taylorsville, Midvale, Sandy, and South Salt Lake - was sent to planning where it has been languishing.
Some of the dysfunctions of Rocky Anderson’s […]

The Credit Game

Friday, March 7th, 2008

Watching the mortgage meltdown go from bad to horrific to George Romero has got me thinking about credit in general.
Credit is an odd thing; the more credit you use the more credit worthy you become.  Even if you are making insane purchases, so long as you make your monthly payments, you can get more credit - […]

Desperate People Do Desperate Things

Thursday, December 7th, 2006

  . . . .and keep payday lenders in business.
For the obvious reason that I just borrowed twenty some odd thousand dollars this week, I am thinking about credit issues which means I’m thinking about payday lending.
Here’s the deal: Saturday I went for a test drive. On Monday, I called the salesperson and said, “I […]

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