Quote of the Day 2/17/17

“Usurious rates of lending in payday lending are not for the purpose of helping people lift themselves out of poverty. It perpetuates poverty.”

-Rep. Kevin Calvey (R-Edmond), who is sponsoring HB 1596 to improve monitoring and regulation of payday lenders (Source).

ABOUT THE AUTHOR

Gene Perry worked for OK Policy from 2011 to 2019. He is a native Oklahoman and a citizen of the Cherokee Nation. He graduated from the University of Oklahoma with a B.A. in history and an M.A. in journalism.

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