By Kathleen Day - 04/28/10 10:16 PM EDT
In fact CRC is a payday lobby group that’s donned a name intended to create the illusion that this product has grassroots consumer support when it doesn’t. Delaware corporate records show CRC was incorporated by payday lawyer Hilary B. Miller and shares his mailing address in Greenwich, Conn.
In a public video taken by the Arizona legislature Guzman admits upon questioning by Arizona State Senator Paula Aboud that CRC is funded and sponsored by payday lenders. http://azleg.granicus.com/MediaPlayer.php?view_id=13&clip_id=7101 (At 2 hours and 43 minutes into the video.)
Mary Jackson, lobbyist for Cash America, one of the biggest payday lenders, is the president and only director of CRC. (http://bit.ly/9ALLVP. here’s the link to the lobbying report filed with congress but I think it’s fine if it’s cut.)
Guzman’s argument in her op-ed is wrong on every count. Equally wrong was the failure to tell the public why she might be making it.
From Kathleen Day, Center for Responsible Lending