help information
Mostly Cloudy
44.2 ° F
Full Weather

Governor Signs Bill On Payday Lending Industry Monitoring

Governor Gray Davis has signed a bill into law giving the state more authority to monitor the payday lending industry. Supporters say the lenders provide a needed financial service to poor areas. But consumer activists say the high fees and high-interest loans are predatory and unfairly target poor people who can´t afford to go elsewhere.

  • Local News
  • US News
  • Weather
  • Events
  • Classifieds
  • Fire Info