Tully: during the broken Statehouse, it’s pay day loans over individuals. Payday loan providers in Indiana could charge interest on little loans in excess of double»loan that is criminal» rates under a proposition before state lawmakers.
Payday loan providers in Indiana could charge interest on little loans in excess of double»loan that is criminal» rates under a proposal before state lawmakers. (Dwight Adams/IndyStar)
The Check-N-Go payday loan shop at 7385 N Shadeland Ave is seeing more business from high-income customers in this recession. (Matt Kryger / The Indianapolis celebrity) 02/03/2009 – A01 – PRIMARY – second – THE INDIANAPOLIS STARNeed cash: pay day loan outlets, similar to this one near 75th and Shadeland, are seeing customers that are higher-income. Americans pay just as much as $8 billion a year to borrow $50 billion from payday loan providers. (Picture: Matt Kryger) Purchase Picture
