Utah Representative Proposes Bill to get rid of Payday Lenders From Using

Utah Representative Proposes Bill to get rid of Payday Lenders From Using

Bail Cash from Borrowers

Debtors prisons had been prohibited by Congress in 1833, however a ProPublica article that revealed the sweeping abilities of high-interest loan providers in Utah caught the interest of just one legislator. Now, he’s wanting to do something positive about it.

Feb. 14, 5:17 p.m. EST

Series: This New Debtors Prisons

just How businesses are placing borrowers behind pubs

ProPublica is really a nonprofit newsroom that investigates abuses of energy. Subscribe to get our biggest stories once they’re posted.

A Utah lawmaker has proposed a bill to avoid lenders that are high-interest seizing bail funds from borrowers whom don’t repay their loans. The balance, introduced within the state’s House of Representatives this came in response to a ProPublica investigation in December week. […]

Możliwość komentowania Utah Representative Proposes Bill to get rid of Payday Lenders From Using została wyłączona

  • Najnowsze wpisy

  • Najnowsze komentarze

    • Archiwa

    • Kategorie

    • Meta