Payday lenders flee South Dakota after price cap/ significantly less than two months after voters approved a pastime price cap on payday loan providers
The North is left by a customer United states Title Loans agency away from E. 10th St. in Sioux Falls on Wed., Oct. 26, 2016. (Picture: Jay Pickthorn/Argus Leader) Purchase Photo
Almost 50 % of hawaii’s licensed cash loan providers decided on to not renew their licenses for 2017 or indicated they want to stay only very long sufficient to get on current loans, based on totals released Friday to Argus Leader Media.
Lower than 2 months after voters authorized a pursuit price limit on payday lenders, 121 cash loan providers opted to go out of the continuing state, in accordance with state cash loan provider permit totals for 2017. Read more
