- Bill would raise allowable interest levels to 369 per cent
- Loan providers falsely claim the balance is really a вЂњconsumer protection lawвЂќ
- Predatory financing prohibited in 17 states as well as on army bases
Army of Lobbyists
A bill that passed the Pennsylvania state home previously this month that could enhance the permissible percentage that is annual on little loans to 369 per cent would be held within the state senate before the next legislative session into the fall, in accordance with activists fighting resistant to the bill.