A purple state is capping interest rates on pay day loans: ‘This transcends ideology that is political’

A purple state is capping interest rates on pay day loans: ‘This transcends ideology that is political’

The overwhelming voters in Nebraska have selected to cap the attention prices payday lenders may charge

This will make it the seventeenth state to restrict rates of interest on high-risk loans. But, customer advocates cautioned that future safeguards associated with pay day loans might have to be during the federal level due to current regulatory modifications. Continue reading “A purple state is capping interest rates on pay day loans: ‘This transcends ideology that is political’”