New Center for Responsible Lending Report: Capping Payday Loan Interest Rates at 36% a Game Changer for South Dakota
January 14, 2020
January 14, 2020
DURHAM, North Carolina, Jan. 14 -- The Center for Responsible Lending issued the following news release:
The Center for Responsible Lending (CRL) released a report analyzing the impact of a 36% interest rate cap on South Dakota following its 2016 passage by ballot measure. The Sky Doesn't Fall: Life After Payday Lending in South Dakota finds that some South Dakotans are still suffering the harmful consequences of predatory payday lending from before the rate cap was enacted in the f . . .
The Center for Responsible Lending (CRL) released a report analyzing the impact of a 36% interest rate cap on South Dakota following its 2016 passage by ballot measure. The Sky Doesn't Fall: Life After Payday Lending in South Dakota finds that some South Dakotans are still suffering the harmful consequences of predatory payday lending from before the rate cap was enacted in the f . . .