Jan 11, 2011 Todd Milner
"I believe we acted hastily," Mack said Tuesday. "I wanted to hear both sides of the story. We did and this is where we're at right now." But not everyone agreed with their government colleagues. Councilman Trey Chinn, who stood by his previous vote, said that it made him and his colleagues look bad to go back on their vote. "We should make a decision and stand by it," he told the paper. "There are some question marks around this order such as why it came back up and what's the nature of it." There was other news for short term lenders on a national level recently. The Credit Card Accountability, Responsibility and Disclosure Act of 2009 set out new rules for the those looking to gain credit, leaving many to seek out short term lenders.