INDIANAPOLIS— Payday loan providers have actually drained an estimated $322 million in finance fees from Hoosiers over the past 5 years, in accordance with a brand new report from teams advocating for their state to rein in those companies.
The report, released Tuesday by the Indiana Institute for performing Families while the Indiana Assets & chance system, revealed that a 2002 exemption for short-term loans permitted payday loan providers to charge annual portion prices because high as 391 %. Читать далее →