Highlight In a hard fought battle where out-of-state predatory lenders spent over $3 million on advertising and confusion, South Dakotans overwhelmingly voted to put a 36% state rate cap on payday and car title loans, joining 14 other states that have similar caps: November 9, SDPB Radio: Voters Approve Payday Lending Rate Cap Steve Hildebrand, who has been a leader …
Payday Reform News: October 29- November 4
Highlight November 1, WABE 90.1: Georgia Supreme Court Rules Company Violated Payday Lending Ban The Georgia Supreme Court has ordered Western Sky Financial to pay $15 million, which is about the amount that the company took from borrowers since the case was first filed. More Coverage: The Atlanta Journal-Constitution: Georgia Supreme Court Blocks South Dakota Payday Lender Atlanta Business Chronicle: …