help information
66.9 ° 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 canĀ“t afford to go elsewhere.

  • Classifieds
  • Dining Guide
  • Health
  • Events
  • Site Map
  • Real Estate