Bipartisan group of Kansas legislators plans brand new efforts to control payday-loan industry

Bipartisan group of Kansas legislators plans brand new efforts to control payday-loan industry

Condition legislators on both side associated with section intend to get another fracture at tackling Kansas’spayday-loan business.

Rep. Marlene Anielski, R-Walton mountains, is actually working on legislation she intentions to introduce earlynext year to prohibit the short term, high-cost loans that charges consumers many in interest and trapmany in a cycle of loans where they repeatedly wanted brand new loans to settle outdated ones. Read more