Wisconsin Senate to vote
April 13, 2010 | Wisconsin, industry | Comments (0)From the story:
A showdown is expected today in the state Senate on payday loans.
The big issue; should there be a limit on interest rates? State Senator Kathleen Vinehout (D-Alma) thinks there should be in order to send a clear message to the industry that the financially vulnerable should no longer be taken advantage of.
The bill up for Senate action does not currently include an interest rate cap, but an amendment to impose a limit is expected to be offered.
Comments»
No comments yet.