Click here to listen to the new radio ad by Terry McAuliffe, the true progressive candidate in this race! Here's the script:
Every day Virginia families struggle to make ends meet and sometimes they need a small loan to get by. But some loans come at too high [of] a price because of legislation that was passed in Richmond in 2002 that allowed predatory payday lenders to do business in Virginia. The legislation even allowed lenders to make loans with annual percentage rates as high as 391 percent.
In these tough economic times, the legislature is finally working towards fixing this problem; but why has it taken so long to stop these lenders from preying on Virginia's most vulnerable families?
For Terry McAuliffe the solution is simple. He is the only candidate for Governor who proposed doing the right thing -- ban all predatory lending in Virginia. But Terry McAuliffe won't stop there, he'll create programs that make small loans affordable and help us make the best financial decisions for our families. So we can take charge of our finances, protect what is ours and build for the future.
On June 9th vote for Terry McAuliffe for Governor. He's the only candidate with a record of creating thousands of jobs and he'll bring new ideas and new energy to Richmond.
Paid for and authorized by Friends of Terry McAuliffe.
