McCoy standing in method of payday funding bill?

McCoy standing in method of payday funding bill?

McCoy standing in method of payday funding bill?

Senator McCoy has a variety:

Keep $36 million an in usurious charges in iowan’s pouches as well as in our regional economy 12 months

Protect 400% interest rates and continue steadily to remove range that is wide our communities.

In a spend time finding yourself in CCI people, Senate Commerce Committee chair Sen. Matt McCoy (D-Des Moines) stated no intention is had by him of considering Senate File 388, a bill to cap interest rates for payday loan at 36%. (Updates to your post could be positioned below. )

(more…)

Continue Reading McCoy standing in method of payday funding bill?