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After Almost two decades, Legislature Rethinks Payday Lending

You will find now more loan that is payday in Hawai?i than you will find 7-11s. The state’s growing interest in pay day loans isn’t any shock provided the high price of surviving in the hawaiian islands. However with rates of interest up to 459 %, lawmakers are demanding greater legislation. HPR’s Ku?uwehi Hiraishi has this tale.

Head into any among the 91 pay day loan stores throughout the area string, and all sorts of you want is a few current pay stubs, a bank declaration, and a check that is blank and you may go out with up to $500 money. (więcej…)