Tuesday, September 19, 2006

Virgina Letter to the Editor Backs Payday Advance, Cash Loan Reform

By J.J. Cameron
Payday Loan Writer

Say this about resident of Virginia: they get their voices heard on issues such as payday loans. Letters to the editor are common.

Here's another one, written by Peggy White of Newport News to The Daily Press. We've paraphrased it …

Recently, state Del. Glenn Oder received quite a bit of attention regarding his leadership on the issues of faxless payday loan lending and curtailing the rising costs of textbooks. Hugh Lessig highlighted Oder's victorious college textbook legislation in his article "Lowering college textbook costs," Aug. 23, and a letter to the editor, "Put an end to payday loans," Aug. 24, depicted Oder's fight.

Letters to the EditorThere's a common thread that runs through Oder's legislative work - his passion to improve the lives of individuals and families. In both quick payday advance lending and textbook costs, Oder has set out to put laws in place that protect the earnings of hardworking people.

While Oder's college textbook law has already passed and gone into effect, we are still waiting for the General Assembly to put an end to the government-sanctioned loan-sharking business of cash loan lending - the business that preys on working civilians and our military in Virginia.

It is my hope that all other local legislators will demonstrate as much strength of character as Oder - promoting policies that will strengthen our families, our economy and our military. They can do this by joining Oder in his fight to end predatory payday cash advance lending practices in Virginia.

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