Today is Tuesday, 26th November 2024

AR: Dem AG Demands 156 Businesses ‘Close Doors Permanently’

A guaranteed campaign T.V. spot for Arkansas’s Democrat Attorney General come 2010. Heck, expect him to bring on the PSA’s on this issue in the coming months.

The state attorney general’s office on Tuesday mailed letters to 156 businesses around Arkansas ordering them to cease and desist payday lending activity.”I am demanding that these payday lenders close their doors permanently,” said Attorney General Dustin McDaniel, who announced the action at a press conference Tuesday morning.

The letter also demands that the businesses void current and past-due payday loans, end collection activities on payday loans and stop making any new payday loans.

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