Media Center

Contacts

Danielle Friedman, Campaign Manager - 206-300-0222 or danielle@noloansharks.org

CAPP Releases

Date
Title Link
6/14/2007
"Oregon's Legislature Takes First Step
to Rein in Payday Lenders"
Oregon-victory_6-14.pdf
3/5/2007
"Legislature's Potential 'Reforms' Come Up Short,
Fail to Protect Washington's Working Families"
CAPP-Release_3-5.pdf
2/26/2007
"CAPP Briefing Book" CAPP Briefing Book
2/22/2007
"CAPP Praises Rep. Appleton, Urges Hearing for HB 1020" CAPP_2-22release.pdf
2/8/2007
Open letter to Governor calls for payday lending reform -
signed by community leaders of color
letter-governor.pdf
2/5/2007
"Communities Against Payday Predators response to Rep. Santos' HB 2027" santos_response2-5-07.pdf
2/1/2007
"Movement to Protect Consumers from Predatory Lending Grows" 2-1-07_Labor-Joins-CAPP.pdf
1/30/2007
"Consumer Advocates Respond To Representative Kirby on Payday Lending" CAPP_response1-30-07.pdf
12/1/2006
"Public packs hearings: Demands Cap on Out-of-Control 390% APR" CAPP-Release_12-1.pdf

 

Reports and Briefings

Outlet Date Title Link
Federal Deposit Insurance Corporation (FDIC) 6/19/2007 "FDIC Board Approves Small-Dollar Loan Pilot Project" http://www.fdic.gov/news/
news/press/2007/pr07051.html
Federal Deposit Insurance Corporation (FDIC) 6/19/2007 "FDIC Issues Final Guidelines on Affordable Small-Dollar Loans" http://www.fdic.gov/news/news/
press/2007/pr07052a.html
WA State Budget & Policy Center 1/31/2007 "High Interest, Lost Opportunity: Mapping the cost of payday lending in Washington State" http://www.budgetandpolicy.org/
documents/highinterest.pdf
Center for Responsible Lending 11/30/2006 "Financial Quicksand: Payday lending sinks borrowers in debt with $4.2 billion in predatory fees every year" http://www.responsiblelending.org/
pdfs/rr012-Financial_Quicksand-1106.pdf
Association of Community Organizations for Reform Now (ACORN) 11/15/2006 A Drain on Our Neighborhoods: Payday Lending in Washington State http://www.acorn.org/fileadmin/Centers/
Press/Report/Washington_State_Payday
_Lending_Report_Nov_2006.pdf
WA State Department of Financial Institutions (DFI) 11/13/2006 2005 Payday Lending Report http://www.dfi.wa.gov/cs/pdf/
2005_payday_report.pdf

 

Media Coverage

Newspaper Editorials

Date Title Link
Puget Sound Business Journal 4/6/2007 "Legislature heads for another do-nothing year on lending" http://www.thenewstribune.com/opinion/
story/6412936p-5717487c.html
Tacoma News Tribune 3/13/2007 "Nothing but baby steps on payday lending reform" http://seattle.bizjournals.com/seattle/
stories/2007/04/09/editorial1.html
Walla Walla Union-Bulletin 2/15/2007 "Payday loans need better regulation in Washington" http://www.union-bulletin.com/articles/
2007/02/15/opinion/daily_editorial/edit01.txt
Tacoma News Tribune 2/8/2007 "Payday lenders enjoy free ride in Olympia" http://www.thenewstribune.com/
opinion/story/6358751p-5674420c.html
Everett Herald 2/4/2007 "Don't let payday loans become a financial trap" http://www.heraldnet.com/stories
/07/02/04/100edi_editorial002.cfm
Seattle Post-Intelligencer 2/1/2007 "Legislature: Rational lending" http://seattlepi.nwsource.com/opinion
/301879_paydayed.html
Bainbridge Island Review 1/27/2007 "Usury by any other name" http://www.bainbridgereview.com/
portals-code/searchd.cgi
Spokesman-Review 1/19/2007 "Limit payday loans: Civilians deserve same protection as soldiers" Spokesman_1-19-07-opinion.pdf
Olympian 1/12/2007 "Stop preying on the poor" http://www.theolympian.com/109/story/60283.html

 

Television

Date Title Link
KXLY TV 4 (Spokane) 2/9/2007 "Payday loans: Easy to get in, hard to get out" http://www.kxly.com/index.php?story_id=8410
KING TV 5 (Seattle) 1/29/2007 "Mail campaign tries to sway lawmakers about payday loans" http://www.king5.com/business/stories/
NW_012907POBpaydayloansKC.311ede0e.html
KOMO TV 4 (Seattle) 11/16/2006 "Payday lenders face calls for increased regulation" http://www.komotv.com/news/4674531.html

 

Radio

Date Title Link
NPR Morning Edition 10/1/2007 "Payday Loan Interest Rates Capped at 36 Percent" http://www.npr.org/templates/
story/story.php?storyId=14853904
Northwest Public Radio Regional News 6/20/2007 "Oregon: Lending Bills Signed into Law" http://www.nwpr.org/07/HomepageArticles/
Article.aspx?n=3004%20
KPLU 88.5 FM Local News 3/28/2007 "Payday Lending Reforms Appear Dead in Legislature" http://www.publicbroadcasting.net/kplu/
news.newsmain?action=article&ARTICLE_ID=1059796
KUOW 94.9 FM The Conversation 3/15/2007 "Washington State Legislature. How Are They Doing So Far?" http://www.kuow.org/defaultProgram.asp?ID=12443
NPR Morning Edition 2/22/2007 "Lenders Vow to Clean Up 'Payday Loan' Operations" http://www.npr.org/templates/story
/story.php?storyId=7543070
American Public Radio's Marketplace 2/21/2007 "Borrow now to party and gamble . . . responsibly" http://marketplace.publicradio.org
/shows/2007/02/21/PM200702212.html
KUOW 94.9 FM Local News 2/16/2007 "The Battle Over Payday Lending in WA State" http://www.kuow.org/defaultProgram.asp?ID=12277
KUOW 94.9 FM The Conversation 1/29/2007 "Curbing Payday Loan Rates" http://www.kuow.org/defaultProgram.asp?ID=12159
KXLY 920 AM (Spokane) 10/20/2006 "Time to bring the curtain down on excessive payday loan fees" http://www.kxly.com/index.php?story_id=5672
WA State Dept. of Financial Institutions (DFI) 9/1/2006 Public Service Announcement featuring Lacy Steel, former president of the NAACP - Seattle branch http://www.dfi.wa.gov/consumers
/audio/payday_lacey_steel.mp3

 

Print

Date Title Link
Newsweek 10/8/2007 "Payday Loans Can Be A Trap" http://www.msnbc.msn.com/id/21047650/
site/newsweek/page/0/
Seattle Post-Intelligencer 9/27/2007 "Binding arbitration a loser for consumer; Little guy seldom wins, study finds" http://seattlepi.nwsource.com/money/
333453_arbitration28.html
Kitsap Sun 6/21/2007 "Legislators Share Ups, Downs of Session with CK Residents" http://www.kitsapsun.com/news/2007/jun/21/
ck-council-hears-legislative-roundtable/
Salem Statesman Journal 6/20/2007 "Bills cap fees for check-cashing and interest rates" http://www.statesmanjournal.com/apps/
pbcs.dll/article?AID=2007706200439
Oregonian 6/20/2007 "Consumer protection at core of new laws" http://www.oregonlive.com/business/
oregonian/index.ssf?/base/business/
118230814391110.xml&coll=7
Seattle Post-Intelligencer 4/23/2007 "Bills have consumers in mind: Legislature backs victims of ID theft, privacy rights" http://seattlepi.nwsource.com/
local/312705_consumeroly23.html
Spokesman Review 4/1/2007 "FDIC hopes to enlist banks in payday battle" http://www.spokesmanreview.com/
business/story.asp?ID=182007
Tacoma News Tribune 3/16/2007 "Payday lender bills appear dead" http://www.thenewstribune.com/news/
local/story/6417718p-5721020c.html
Everett Herald 3/6/2007 "A gentler payday loan?
Ads try to burnish lenders’ image, but critics aren’t mollified"
http://www.heraldnet.com/stories/
07/03/06/100bus_payday001.cfm
Seattle Post-Intelligencer 3/1/2007 "Health care, dogs in bars still alive in Olympia:
Deadline passes for bills to move out of committee"
http://seattlepi.nwsource.com/
local/305583_cutoff01.html
Kitsap Sun 2/26/2007 "The Color of Money: Payday Loan Industry Polishing Its Image" http://www1.kitsapsun.com/bsun/business/
article/0,2403,BSUN_19063_5379208,00.html
Seattle Times 2/23/2007 "Latest payday-loan bills focus on more education, oversight" http://archives.seattletimes.nwsource.com/
cgi-bin/texis.cgi/web/vortex/display?slug=
payday23m&date=20070223&query=elliott+wilson
Tacoma News Tribune 2/22/2007 "Skeptics still criticize payday lenders' offers" http://www.thenewstribune.com/business/
story/6379911p-5690650c.html
Olympian 2/16/2007 "Stand up for responsible business practices" http://www.theolympian.com/109/story/65708.html
Stranger 2/15/2007 "In Other News: The "P" Word" http://www.thestranger.com/seattle/
Content?oid=157978
Skagit Valley Herald 2/13/2007 "Lawmakers seek to improve payday lending practices" http://pioneer.olivesoftware.com/Repository/
ml.asp?Ref=UE1WLzIwMDcvMDIvMTMjQXIw
MDUwMA==&Mode=HTML&
Locale=english-skin-custom
Olympian 2/13/2007 "Bills would leash lenders" http://www.theolympian.com/125/story/65235.html
KXLY 920 AM (Spokane) 2/12/2007 "Olympia looks at payday lending, again" http://www.kxly.com/index.php?story_id=8467
Tacoma News Tribune 2/11/2007 "Many low income workers are living on the edge" http://www.thenewstribune.com/opinion/
letters/story/6364131p-5678242c.html
Tacoma News Tribune Opinion 2/4/2007 "Low-income people need better loan, check options" http://www.thenewstribune.com/opinion/
insight/story/6353240p-5669885c.html
Tacoma News Tribune 1/27/2007 "Tough talk on payday lending" http://www.thenewstribune.com/news/
government/story/6343360p-5528147c.html
Seattle Times 1/26/2007 "State lawmakers aim to cut payday lenders' interest rates" http://seattletimes.nwsource.com/html/localnews/
2003542010_paydayloans26m0.html
Stranger 1/25/2007 "Senator MoneyTree: Margarita Prentice Doesn't Work for Her Poor District. She Works for Millionaires and Payday Lenders." http://www.thestranger.com/seattle/
Content?oid=142601
Seattle Post-Intelligencer Opinion 12/14/2006 "It's in our interest for banks to make amends for role in payday loans" http://seattlepi.nwsource.com/opinion/
295797_payday14.html
Stranger 12/14/2006 "Taking from the Poor" http://www.thestranger.com/seattle/
Content?oid=118719
Seattle Times 12/13/2006 "Payday Mayday: The law should treat adults as adults" http://seattletimes.nwsource.com/html/
opinion/2003474406_rams13.html
Bellingham Herald 12/10/2006 "Easy loans often come at high cost: Payday lenders can charge nearly 400 percent interest" http://www.bellinghamherald.com/
102/story/43599.html
Tacoma News Tribune 12/2/2006 "Payday loans, Round Two" http://blogs.thenewstribune.com/
oped/?m=20061202
Seattle Post-Intelligencer 12/1/2006 "More controls urged on payday lenders" http://seattlepi.nwsource.com/local
/294363_payday01.html
Stranger 11/14/2006 "In Other Neighborhoods: Beacon Hill" http://www.thestranger.com/seattle/
Content?oid=105173
Dollars and Sense 11/1/2006 "21st Century Loan Sharks. America's growing fringe economy: Financial services for the poor and credit-challenged are big business" http://www.dollarsandsense.org/archives/
2006/1106karger.html

 

Letters to the Editor

Date Title Link
Bellingham Herald 3/1/2007 "Urges opposition to payday lenders" http://www.bellinghamherald.com/
124/story/50083.html
Everett Herald 2/19/2007 "Credit unions offer smart alternatives" http://www.heraldnet.com/stories/
07/02/19/100let_20070219004.cfm
Olympian 2/16/2007 "Stand up for responsible business practices" http://www.theolympian.com/109/story/65708.html
Tacoma News Tribune 1/30/2007 "Hard to believe 36 percent interest isn't enough" http://www.thenewstribune.com/opinion/
letters/story/6346003p-5530204c.html#
Seattle Post-intelligencer 12/28/2006 "Payday Loans" http://seattlepi.nwsource.com/opinion/
297412_webltrs28.html?source=rss

 

Online

Date Title Link
Tacoma News Tribune 6/15/2007 "Oregon caps payday loans" http://blogs.thenewstribune.com/oped?title=
oregon_caps_payday_loans&more=1&c=1&tb=1&pb=1
Stranger 6/14/2007 "Venus Velázquez: 'I support an interest cap on payday loans!'" http://slog.thestranger.com/2007/06/
venus_velazquez_i_support_an_interest_ca
Army Times 2/21/2007 "Payday lenders start $10 million PR campaign" http://www.armytimes.com/news/
2007/02/TNSpaydayloans070221/
Tacoma News Tribune 2/20/2007 "Waiting for reform on payday loans" http://blogs.thenewstribune.com/oped
/?title=waiting_for_reform_on_payday_loans
&more=1&c=1&tb=1&pb=1
Stranger 2/8/2007 "Petitioning the Governor" http://www.thestranger.com/blog/2007
/02/petitioning_the_governor
Tacoma News Tribune 2/8/2007 "Kirby feeling the heat" http://blogs.thenewstribune.com/oped
/?title=title_226&more=1&c=1&tb=1&pb=1
NW Progressive Institute 2/2/2007 "Time to crack down on predatory lending" http://www.nwprogressive.org/weblog/
2007/02/time-to-crack-down-on-predatory.html
WA State Labor Council 2/1/2007 "Consumer protections needed for predatory payday lending" http://www.wslc.org/reports/2007/
02/01.htm#Thursday
WashBlog 1/31/2007 "New study on payday loan stores with interactive map" http://www.washblog.com/story/2007/2/1/2296/71564
Stranger 1/30/2007 "State Rep questions poor people's 'Intelligence'" http://www.thestranger.com/
blog/2007/01/leg_greasing_the
_skids_for_payday_lender