Lender advocates like Online Lenders Alliance Chief Executive Officer Andrew Duke celebrated the decision, calling it a win for credit access.
“Governor Dunleavy made the right choice for Alaska consumers by vetoing this flawed legislation,” Duke said. “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 American Banker