payday loans australia

Lawmakers desire to improve fines for rogue payday loan providers by 500 %

02Dec

Lawmakers desire to improve fines for rogue payday loan providers by 500 %

Several Kentucky lawmakers want cash advance stores to manage much heavier charges when they violate consumer-protection legislation.

Senate Bill 169 and home Bill 321 would increase the array of fines accessible to the Kentucky Department of finance institutions through the present $1,000 to $5,000 for every single payday financing violation to between $5,000 and $25,000.

State Sen.

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