Our View: payday advances are baack – simply having a name that is new

Our View: payday advances are baack – simply having a name that is new

Editorial: this present year’s bill calls it a ‘consumer access credit line.’ But it is nevertheless a high-interest loan that hurts the indegent.

The process that is legislative the might associated with the voters got a swift start working the jeans from lawmakers this week.

It had been done in the attention of legalizing loans that are high-interest can place working bad families in a “debt trap.”

All of this arises from home Bill 2496, which started life as being a mild-mannered bill about home owners associations. Continue reading “Our View: payday advances are baack – simply having a name that is new”