The Online Lenders Alliance, a national trade organization for financial technology groups that offer online banking services, applauded Dunleavy’s veto. “Governor Dunleavy made the right choice for Alaska consumers by vetoing this flawed legislation,” said the group’s CEO Andrew Duke in an emailed statement. “The ability to access credit is the cornerstone of financial independence and stability. Unfortunately, SB 39 would have taken away credit options and financial choices for Alaskan consumers and small businesses.”
Read the full article in the Alaska Beacon