Legislation introduced to legalize payday-like loans in Pennsylvania

a go on to legalize high-cost loans that are short-term Pennsylvania has been resurrected when you look at the Legislature.

Legislation happens to be introduced to legalize exactly exactly what Sen. Pat Browne, R-Lehigh County, defines as a brand new kind of short-term loan item.

Unlike the legislation that stalled down in the Senate just last year after passing your house, this plan of action brings with it an opportunity for borrowers to make their solution to longer-term, cheaper loan services and products. (далее…)