Committee chairman kills divisive payday lending billThe bill called for the creation of a new type of payday loan that would have allowed for annual percentage rates of up to 222 percent.[Collection]

The bill called for the creation of a new type of payday loan that would have allowed for annual percentage rates of up to 222 percent.https://www.ibj.com/articles/67753-committee-chairman-kills-divisive-payday-lending-bill