HARTFORD, CT — (Updated 4 p.m.) Democratic lawmakers whom provide regarding the Banking Committee think Republican gubernatorial nominee Bob Stefanowski’s tenure as CEO of a quick payday loan business should make a difference to voters, regardless of if their previous business is banned from offering its item in Connecticut.

Underneath the north portico associated with the state Capitol, Reps. Matt Lesser and Bobby Gibson, joined Senate Majority Leader Bob Duff and lawyer Sarah Poriss Monday in describing why voters should care about the 3 years Stefanowski invested with DFC worldwide, a pay day loan business|loan that is payday that made high interest loans to customers while the usa. None associated with loans had been manufactured in Connecticut, which bans the purchase of payday advances.

Stefanowski’s campaign stated he’d do absolutely nothing to loosen Connecticut’s ban regarding the items.

“His time at DFC worldwide shows their willingness to dive headfirst into the best payday loans hard situations so that they can reform and turnaround troubled organizations,” Kendall Marr, a spokesman for Stefanowski’s campaign, stated. “That is just why he could be the very best individual to guide our state to get Connecticut straight back on the right track.”

Stefanowski has stated himself that he attempted to change the industry having a predatory reputation. Continue reading →