Report Finds Pay Day Loans Frequently Lead Customers Into ‘Cycle of Debt’. Hearings in Olympia will examine two bills from state Rep. Sherry Appleton to regulate the industry today.
Hearings in Olympia will examine two bills from state Rep. Sherry Appleton to regulate the industry today.
The report’s timing coincides with initial legislative hearings today in Olympia regarding the dilemma of payday financing.
Up for conversation are a couple of bills proposed by Rep. Sherry Appleton, D-Poulsbo, that will manage the high-interest, short-term loans. Continua a leggere