Wednesday, February 11, 2009

House Considers a Payday Loan... Law (or Nine)

House party for the payday loan

Payday loans aren’t usurious. Look it up!

Recently, a package of payday loan legislative proposals was heard by the House Financial Institutions & Insurance Committee. According to blogger House Democrats, these Department of Financial Institutions-regulated short-term loans have spawned a host of potential new bills. House Democrats is nice enough to provide links to early reports on the hearings here and here. Here’s what’s on the docket: ... click here to read the rest of the article titled "House Considers a Payday Loan... Law (or Nine)"

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