IFCL joins coalition against payday financing expansion

IFCL joins coalition against payday financing expansion

IFCL was dealing with over 60 faith-based, solution and armed forces teams to oppose SB 613, an expansion of payday financing services. Start to see the update that is recent our partners at Indiana Institute for Working Families

Wide Coalition Gathers at Statehouse to Oppose expansion that is large-Scale of at Loansharking prices

Indianapolis, IN – Indiana veterans’ groups, faith leaders, social solution agencies, and community advocates collected Monday during the Statehouse to send a powerful message towards the Indiana House of Representatives: Reject Senate Bill 613.

Advocates strolled through the bill applying this chart and offered those current a duplicate for this bill analysis, noting that while Indiana made an exemption that is extremely limited its loansharking legislation in 2002, SB 613 would start the floodgates to high-cost financing by authorizing numerous larger, longer products outside that 72% limit as well as rewriting the meaning of loansharking it self. 繼續閱讀 「IFCL joins coalition against payday financing expansion」