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ONGOING CAMPAIGNS

Without a doubt about Payday lending bills floated from both relative edges of aisle

History: One either learns oneself doomed to repeat it from it or finds.

that is a memo that will have missed the desk of Sen. Dan Newberry (R-Tulsa). At the beginning of January, the home loan banker introduced SB 112, which, as mentioned on web page 14 associated with the 32-page amount of legislation, would raise the maximum pay day loan quantity from $500 to $1,500. a month-to-month interest of 17 per cent could then be set regarding the maximum that is new.

The real history Newberry is apparently lacking taken place in 2016, whenever Sen. David Holt (R-OKC) authored a bill that is similar could have permitted payday lenders to loan as much as $3,000 simultaneously and charge as much as 20 per cent interest every month. (more…)

Without a doubt about Payday lending bills floated from both relative edges of aisle

History: One either learns oneself doomed to repeat it from it or finds.

that is a memo that will have missed the desk of Sen. Dan Newberry (R-Tulsa). At the beginning of January, the home loan banker introduced SB 112, which, as mentioned on web page 14 associated with the 32-page amount of legislation, would raise the maximum pay day loan quantity from $500 to $1,500. a month-to-month interest of 17 per cent could then be set regarding the maximum that is new.

The real history Newberry is apparently lacking taken place in 2016, whenever Sen. David Holt (R-OKC) authored a bill that is similar could have permitted payday lenders to loan as much as $3,000 simultaneously and charge as much as 20 per cent interest every month. (more…)