Why couldn't Arizona be first in something good, like tortillas?

February 2008
Inside Tucson Business;2/11/2008, Vol. 17 Issue 36, p24
The author reflects on the negative impact of payday lending industries on the economic condition of Arizona. He asserts that the said sector has contributed to the increasing rate of unsecured loan in the state, which is found to have an average of $863.40 per person, according to the U.S. Census Bureau survey. He contends that these rise in rates also resulted from the move of lawmakers in Arizona to legalize payday lending, which have attracted these payday lenders to invest in Arizona.


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