Cash Pay Advance - Employees Say Payday Lending Bill Will Cut Thousands Of Jobs - 10TV
Payday lending employees on Thursday said thousands of jobs could be lost if state lawmakers pass a bill cutting the interest rates charged on their short-term loans. The bill would drastically cut the interest rates charged on payday loans from an annual rate of about 391 percent to 28 percent, 10TV News reported. While the bill is designed to protect customers from mounting debt and exorbitant interest rates, some customers told 10TV News that payday lending is the only way they make it paycheck to paycheck. It is the policy of The Dispatch Broadcast Group to provide equal employment opportunity to all qualified individuals without regard to their race, color, religion, national origin, age, sex, martial status, disability, military status, citizenship or any other legally-protected status in accordance with applicable local, state and federal law. Find Out More
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