Let me make it clear about Wis. governor wipes out car name loans with veto

Let me make it clear about Wis. governor wipes out car name loans with veto

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Gov. Jim Doyle single-handedly banned car name loans in Wisconsin on Tuesday.

The governor finalized a bill that may manage lending that is payday the very first time after several years of unchecked development by the industry. But he artistically utilized his partial veto capacity to rewrite regulations, banning car name loans and making other modifications to safeguard customers from exactly exactly just what he called “predatory financing techniques.”

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