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Senate proposal would cap pay day loan interest rates at 36%

Senate proposal would cap pay day loan interest rates at 36%
wilx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wilx.com Daily Mail and Mail on Sunday newspapers.

United statesJulie townsendSamika douglasSarah anthonyd lansingSenate committee onSenate committeeConsumer protectionSarah anthony

Payday loan industry targeted by Michigan lawmakers | Crain s Detroit Business

Payday loan industry targeted by Michigan lawmakers | Crain s Detroit Business
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Meeting brings GRPD, families together to discuss community safety

LINC UP hosted the event and says it creates an opportunity to build trust between officers and community members who may be wary of the police.

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Introducing A Path Forward

We’re starting something new here at FOX 17 something that will impact how we’re covering the increase in youth crime.

United statesKent countyMichelle lajoye youngHeather hendriksenClarkson morganDan boersSamika douglasKim krausePath forward advisory councilA path forward advisory council memberCounty sheriffWest michiganGeneral managerPath forwardComunity liaisonA path forward

Michigan s payday loan landscape is murky Change could be coming

In Michigan, there are some guardrails surrounding payday loans and lenders, which provide quick cash at high interest rates for short terms. What there isn’t, however, is a good scope of lender prevalence. New legislation seeks to collect statewide statistics.

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