On Thursday, Florida faith leaders pressed forth a message that is single payday financing expansion bills presently into consideration in Tallahassee (HB 857 and SB 920) are usury and really should be stopped.
Both bills look for to authorize interest that is annual as high as 208 %, via compounding interest, for bigger loans along with longer terms than the payday advances currently permitted under Florida legislation. Continue reading “Without a doubt about Preachers oppose pay day loan expansion”