Fallin Vetoes High-Interest Financing Statement Pushed by National Payday Lenders
Gov. Mary Fallin vetoed a costs on monday that could are creating financing with a 204 per cent yearly rate of interest.
In her veto content, Fallin had written that the statement, which reflects a nationwide push from the payday lending sector for similar laws, would generate a high-interest items without restricting entry to various other payday loans merchandise. (more…)