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Morning Must Reads: Thank You for Smoking!
Right there, looking into Joey's eyes, it all came back in a rush. Why I do what I do. Defending the defenseless, protecting the disenfranchised corporations that have been abandoned by their very own...
View ArticleThird and State This Week: Confusion About Voter ID, Payday Lending in the...
This week at Third and State, we blogged about a new report on the Voter ID Law, a bill to legalize high-interest payday lending now before the state Senate, poverty-wage jobs in Pennsylvania, and much...
View ArticleChanging the Subject Doesn’t Make Payday Lending a Better Idea
In legislative hearings last month, proponents of a bill to legalize high-interest payday loans tried to change the subject and questioned the motives of some of their constituents. But these attempts...
View ArticleThird and State This Week: Court Halts Voter ID Law, Changing the Subject on...
This week at Third and State, we blogged about a court decision halting enforcement of the Voter ID Law in the November election, an effort to change the subject on payday lending, a report on rising...
View ArticleAdd Your Voice to Those Opposing Payday Lending in PA
A bill to legalize high-interest payday loans in Pennsylvania stalled this week after a bipartisan group of state senators took a look at the plan and said no way. The Harrisburg Patriot-Newswas on top...
View ArticleThird and State This Week: Paying the Boss to Work, a Payday Lending Poll,...
This week at Third and State, we blogged about the problems with a "pay your boss to work" tax credit plan, what the Austin Powers movies can teach us about economic development, the gas industry...
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By Any Name, Predatory Payday Lending Is Still a Debt Trap
It’s been awhile since I blogged about payday lending, so let’s recap a little bit. Payday loans are made in small amounts but come at an extremely high cost, typically carrying annual interest rates...
View ArticleThird and State Recap: State Budget News, Payday Lending, Pensionomics,...
Over the past two weeks at Third and State, we blogged about the latest on the state budget and education funding, May's revenue report, and why policymakers must prioritize investments in...
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Another Day Older and Deeper in Debt
Last week, the Senate Banking and Insurance Committee in a narrow vote approved Senate Bill 975, opening the door to thousands of predatory payday lenders to come to Pennsylvania and charge fees on...
View ArticleThird and State This Week: Payday Lending Debt Trap, Medicaid Rally,...
This week at Third and State, we blogged about the payday lending debt trap, a big rally at the Capitol in support of expanding Medicaid coverage in Pennsylvania, 10 reasons Governor Corbett's pension...
View ArticlePayday Lenders Make Few Friends in PA Senate
Payday lenders convinced state House Republican leaders to slip a line into a Fiscal Code bill needed to implement aspects of the new state budget stating that it was the "intent" of House and Senate...
View ArticleThird and State This Week: Budget Analysis, Food Security Danger,...
This week at Third and State, we blogged about the state budget, the danger facing America's leading food security program, Pennsylvania's unremarkable private-sector job performance, and a gambit by...
View ArticleAnother victory in the fight to keep predatory payday lending out of...
As many of you are aware Pennsylvania law prohibits lenders from charging exorbitantly high interest and fees on small loans in Pennsylvania. In the last several years the Payday lending industry...
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CFPB Owes Consumers a Strong Federal Payday Lending Rule
Keystone Research Center was among more than 75 organizations in 14 states and the District of Columbia that signed a letter sent earlier this month to Consumer Financial Protection Bureau Director...
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The Wealth Strippers Are Back!!!
Bet that title got your attention!This is of course a policy blog so wealth stripping refers to financial services offered to working families which, thanks to high fees and extended use, leave...
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