Washington State passed a cash advance reform bill that just limits the amount

Washington State passed a cash advance reform bill that just limits the amount

How One State Succeeded in Restricting Pay Day Loans

of loans an individual can ingest a 12 months. Here’s exactly what occurred.

Lending and Collecting in the us

a form of this whole story was co-published with all the St. Louis Post-Dispatch.

Last year, customer advocates in Washington State chose to get one of these approach that is new regulating pay day loans. Like reformers various other states, they’d tried to have the legislature to ban high-cost loans outright — but had struck a solid wall surface. […]

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