Foe of pay day loans loses battle in home committee

Foe of pay day loans loses battle in home committee

SALT LAKE CITY — A bill geared towards restricting people to two loans that are payday a time passed away in a home committee after lawmakers heard both individuals ravaged because of the short-term, high-interest loans and from advocates with respect to the industry it self.

Rep. Brad Daw, R-Orem, sponsored HB 144.

“once I first ran for workplace in 2004, it was a rather big concern and it is been a continuous concern for a while,” Daw told the Standard-Examiner previously this week. 자세히 보기