Quote of the Day 6/14/2016 - Oklahoma Policy Institute

“When payday loans and high-cost installment loans don’t exist in a state anymore, people turn to other resources such as family members and churches and credit unions, or they learn to budget differently. It’s not this false dichotomy that the industry and their lobbyists have created, that without payday loans they’ll go to loan sharks and die. That hyperbolic rhetoric is just not true.”

– DeVon Douglass, Policy Analyst at Oklahoma Policy Institute, on new rules proposed by the Consumer Financial Protection Bureau that are intended to stop debt traps created by payday loans (Source)

ABOUT THE AUTHOR

Ryan Gentzler worked at OK Policy from January 2016 until November 2022. He last served as the organization's Reserach Director and oversaw Open Justice Oklahoma. He began at OK Policy as an analyst focusing on criminal justice issues, including sentencing, incarceration, court fines and fees, and pretrial detention. Open Justice Oklahoma grew out of Ryan’s groundbreaking analysis of court records, which was used to inform critical policy debates. A native Nebraskan, he holds a Master of Public Administration degree from the University of Oklahoma and a BA in Institutions and Policy from William Jewell College. He served as an OK Policy Research Fellow in 2014-2015.

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