Payday Lenders Make Few Buddies in PA Senate

Payday Lenders Make Few Buddies in PA Senate

Payday lenders convinced state House Republican leaders to slip a line into a financial Code bill needed seriously to implement areas of the new state spending plan saying it was the “intent” of home and Senate Republican leaders to pass through legislation legalizing high-interest payday advances in Pennsylvania.

The gambit won the industry no friends into the Senate, whose leaders hadn’t authorized the supply.

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