16 Oct You will find a cap regarding how a great deal curiosity paycheck lenders in Montana may cost.
Voters here sanctioned the assess early this calendar month. Nowadays, the cash advance field claims a huge selection of jobs are forgotten. Buyer recommends state the guidelines will assist the indegent.
RENEE MONTAGNE, hold:
In Montana, a large number of payday lenders and chains concentrating on consumer funding were closing straight down. Voters here recently authorized limitations as to how a lot of these creditors may charge consumers within their personal loans. Montana joins 15 different says, as well as the District of Columbia, in approving comparable monthly interest rate limits.
Montana Open Broadcast's Emilie Ritter stories.
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