With Interest


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.