My story in today’s paper about Columbia’s proposed payday lending ordinance includes this sentence:
“But a change in state law over the summer – and some lobbying by the payday lending industry – is causing some council members to hesitate about enacting the controversial zoning change, scheduled to be discussed in a public hearing Wednesday at City Hall.”
What kind of lobbying? Here is an example:
Lynn Stokes-Murray, an attorney with the McNair Law Firm, sent a list to Councilwoman Tameika Isaac Devine of other cities that have enacted similar legislation restricting where payday lenders can operate, and the costly lawsuits that followed.
You can read the list by clicking here.
What do you think? Is this effective?
One Comment
Lynn Stokes-Murray is a non-attorney consultant.
6 cases in 8 years. 50% in favor for the lenders.
I am in favor of the zoning ordinance.