Proposition 111 could crush payday financing in Colorado. Social justice groups offer the measure to cap interest and charges at 36 per cent. Social justice groups offer the measure to cap interest and costs at 36 %. Some loan providers state they would be forced by it to shut. It had been a cool October...Read More

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You can forget 400% loans in Arizona. Pay day loans are tiny, 14-day cash advance payday loans with hefty rates of interest. NYC (CNNMoney.com) — pay day loan lender Advance America is abandoning Arizona given that their state has transformed into the state that is 17th be rid of the organizations, which legislators see as...Read More

ProPublica logo.Utah Representative Proposes Bill to end Payday Lenders From using Bail funds from Borrowers Debtors prisons had been prohibited by Congress in 1833, however a ProPublica article that revealed the sweeping abilities of high-interest loan providers in Utah caught the interest of just one legislator. Now, he’s wanting to do something positive about it....Read More