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Eugene Register Guard recognizes Rob Brading's Leadership on Pay Day Loan Reform.

In today's Eugene Register Guard editorial, Rob Brading was given the recognition he deserves for his leadership on pay day loan reform, and gives him much of the credit for the issue even being considered in the upcoming special session of the Legislature.

From the editorial:

"Now, Minnis insists she's ready to regulate the payday loan industry and that it's a top priority in the upcoming special session. That conversion on the road to Salem was no doubt due in part to pressure from Rob Brading, a Democrat challenger for her House seat in the fall who has been championing payday re- form."

It is well documented that Karen Minnis and the House Republicans killed Senate Bill 545 during the 2005 session on a party line vote. Now that Minnis has been calling for pay day loan reform, many Oregonians have been asking two questions: Why the change of heart? And Given the thousands of dollars contributed by pay day lenders to Minnis' campaign, is she sincere?

The answer to question number one can be traced back to Wednesday, March 1st, 2006. On Wednesday, March 1st, 2006 Rob Brading mailed this letter to thousands of East Multnomah County citizens announcing the formation of East County Citizens for Pay Day Loan Reform, a group he co-founded with Gresham City Councilor, Paul War-King:

Download payday_loan_letter.pdf

That very day, after the letters had arrived in mail boxes in Gresham, Troutdale and other cities in east Multnomah County, Minnis' office sent out this press release suddenly announcing she wanted to deal with pay day loan reform in a special session:

Download payday_loans_pr_1mar06.pdf

The Register Guard also appropriately mentions that Minnis has been faced with the embarrassment of having Gresham and Troutdale, the two largest cities in her East Multnomah County District, adopt their own pay day loan ordinances.

The answer to question number two is unclear. Minnis' track record is one of doing the bidding of her big money contributors. And given the fact that she is on the way to establishing an embarrassingly high new spending record in her bid for re-election funded almost entirely by the same big money special interests, we should expect her to try to push a proposal that undercuts the Pay Day Loan Reform Act of 2006, which will be on the ballot this fall.

Thankfully, as the Register Guard points out, Governor Kulongoski has pledged to veto anything short of the ballot measure.

April 14, 2006
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Permalink: Eugene Register Guard recognizes Rob Brading's Leadership on Pay Day Loan Reform.


I keep hearing and reading about Minnis (and Scott) taking in all this dough from the Payday industry. But going over her current and past C & E reports, I cannot readily tell which of those big donors are related to the payday loan industry.

Can someone please list the companies, corporations, or entities that comprise the "payday loan industry?"

As it stands now, we have to accept as true the amounts allegedly given to her campaign by that industry. I'd like to do my own math, but do not know which listed contributors to count.


- Wes Charles

Posted by: Wesley Charles | Apr 14, 2006 7:11:32 PM


I refer you to the Non-Partisan Institute on Money in State Politics. This is the source Future PAC uses to back-up our statements on campaign finance. The website is www.followthemoney.org.

Posted by: Jon Isaacs | Apr 17, 2006 1:51:45 PM


You asked where you could verify the truth about Minnis and the House Republicans' prolific fundraising from the pay day loan industry. If you simply go to the Pay Day/Title Loan Industry recipient list you'll notice the first name is Karen Minnis having taken $10,000 from Rod Aycox, a notorious title lender, which she did on 12/02. She also took $10,000 from the Consumer Lending Alliance, the pay day loan industry lobby prior to the 2005 session.

This was also reported by katu last week. See for yourself here: http://www.katu.com/news/story.asp?ID=85057

Posted by: Jon Isaacs | Apr 17, 2006 6:45:34 PM


Thanks. And you're absolutely correct about that Aycox fellow. Wow! And there is no question the R's garner the vast majority of payday loan contributions.

But why did you delete my post that merely cited that Jeff Merkley had also taken money from one of those companies? I know Jeff is the House Dem Leader and all that. But surely he's not afraid of his own C & E?

- Wes

Posted by: Wesley Charles | Apr 17, 2006 7:04:49 PM


We've been losing a few posts here and there. Technical thing. Apologies.

Posted by: Wes | Apr 18, 2006 8:51:20 AM

the ameriloan charges a fee of $25-$30 only? it says here http://www.moneysavingfreetips.com/ameriloan-payday-loan.html

" Fees of Ameriloan Payday Loan:
The fees of Ameriloan payday loan can vary from $20 - $30. When you sign the payday loan agreement, be sure to read the fine prints and ask how much fee you will be charged upon time of repaying the loan"

howcome other payday loan companies charge $50+?

does anyone know if the ameriloan payday loan is legit?

Posted by: Tony | Apr 27, 2006 12:01:25 AM

regulate the payday loan industry? yeah right!

check out some of the outrageous interest rates that payday loan companies in these states charge, http://www.moneysavingfreetips.com/no-teletrack-payday-loan.html

Alabama ($500, 17.5%)
Alaska ($500, 15%+$5)
Arizona ($500, 17%)
Arkansas ($400, 10%+$10)
California ($300, 17%)
Oklahoma ($500, 15%)
Oregon (no limit, no limit)
Rhode Island ($500, 15%)
South Carolina ($300, 15%)

Posted by: Nusra | Apr 30, 2006 3:53:04 PM

Posted by: DatingAgenttt | Jul 5, 2007 9:50:06 AM

Posted by: Horche.Tom | Jul 9, 2007 8:12:44 AM

Posted by: Horche.Tom | Jul 9, 2007 9:11:53 AM

Posted by: Daemon.Nova | Jul 12, 2007 12:23:55 PM

Posted by: trastarol | Jul 13, 2007 3:37:25 AM

Posted by: trastarola | Jul 15, 2007 4:30:26 AM

Posted by: fugitus | Jul 17, 2007 9:51:26 AM

Posted by: fugitus | Jul 18, 2007 3:37:36 AM

Posted by: GloriaFonzo | Jul 20, 2007 9:03:05 AM

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Posted by: toreesu | Jul 22, 2007 2:16:35 AM

Posted by: GenaLihodeev | Jul 23, 2007 9:51:04 PM

Posted by: DoctorsGedelph | Jul 28, 2007 2:37:13 AM

Posted by: dodeshi | Jul 28, 2007 4:03:23 AM

People look up information on topics like this for several different motivations.

Posted by: www.cashadvanceloanq.com | Jul 29, 2007 8:11:45 PM

Many times, you will get surprised by the massive quantity of short term loan sources at hand.

Posted by: checking account loans | Jul 29, 2007 8:56:35 PM

Posted by: Insintysopbob | Jul 31, 2007 3:27:59 AM

Posted by: wincepih | Aug 1, 2007 1:20:53 AM

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