Wisconsin Banking Update
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Editorial: Payday Loan Bill Eliminates Options
Posted on February 20th, 2010 No commentsProposed Wisconsin legislation that would cap payday loan interest rates and limit loan amounts “will not eliminate the financial need that still exists,” the Milwaukee Courier editor writes in an online editorial. “Instead of eliminating options, legislators should find a way to open up the door for more options. If the banks are threatened by this, then begin offering something better.”
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