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Wisconsin Senate action soon?

February 18, 2010 | Wisconsin, industry | Comments (0)

Wisconsin Radio Networks:

The Assembly Speaker is calling on the state Senate to avoid any delays on legislation regulating payday loan providers.

The Assembly approved legislation earlier this week that limits the size of loans and stops borrowers from taking out more than one at a time. The measure also bans auto title loans and the practice of “rolling over” the balance of a loan.

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