How One State Succeeded in Restricting Pay Day Loans
Washington State passed a pay day loan reform bill that just limits how many loans an individual can ingest a 12 months. HereвЂ™s just what took place. In ’09, customer advocates in Washington State made a decision to here is another approach that is new regulating payday advances. Like reformers in other states, theyвЂ™d tried to obtain the legislature to ban high cost loans outright but had struck a solid wall surface.