A red state is capping rates of interest on payday advances: вЂThis transcends governmental ideology’
A red state is capping rates of interest on payday advances: вЂThis transcends governmental ideology’ вЂonce you ask evangelical Christians about payday lending, they object to it’ Rates of interest on pay day loans will likely be capped in Nevada, after passing of a ballot measure on Tuesday. An average of nationally, payday loan providers charge 400% interest on small-dollar loans. Nebraska voters overwhelming thought we would place restrictions on the rates of interest that payday loan providers may charge…
