The payday lending industry has put Washington state at the top of their list of states that could have negative regulatory events this year. That means they are worried the Legislature will pass meaningful regulations.

Please Vote YES on HB 1073 and SB 5150 to extend

the 36 percent interest cap, producing a reasonable loan product without excessive interest rates.

Too many of our citizens may believe a payday loan will solve their problems. They do not realize it may be the start of many more problems. Protect them.

John F. Derrig, Bellevue