200 storage will function under Kansas’s stricter payday credit rules

200 storage will function under Kansas’s stricter payday credit rules

Friday

An innovative new law takes results Saturday with stricter limitations on interest and charge, plus installment cost requirements, all built to prevent obtaining desperate consumers trapped in a debt pitfall.

Whenever finalized by then-Gov. John Kasich on July 30, the payday sector cautioned it can put them out of companies, leaving those without old-fashioned banking solutions no place to make for emergency credit. Read more