The Arizona Credit Union System would be very delighted to have the payday advance companies wiped off the surface of the Grand Canyon State. The credit union is working up their recruiting efforts to destroy the competition and assemble all the former cash advance customers within their holdings. System will persuade voters to turn down Proposition 200 through an immense E-mail campaign that is estimate to reach as many as 1.6 million credit union customers. On the other hand, the same Proposition supports organizations such as the Arizona Community Financial Services Association that declare that this will for sure lower state loan fees, introduce flexible payment plans to eliminate extensions and reduce the number of walk-in stores in the state. These improvements will help payday loan customers and keep industry employees off the edge. Who wants to be unemployed especially in our current economy?
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