House panel advances 'hillbilly venture capital' legislationAn Indiana House committee on Wednesday advanced a bill that the payday loan industry says would create a longer-term, higher-value loan for people who have such bad credit scores that they can't be helped by regular banks.[Collection]

An Indiana House committee on Wednesday advanced a bill that the payday loan industry says would create a longer-term, higher-value loan for people who have such bad credit scores that they can't be helped by regular banks.https://www.ibj.com/articles/67247-hillbilly-venture-capital-house-panel-passes-payday-loan-industry-backed-bill