New Bill In the Works to Increase Payday Lending Limits in California

Assembly Bill 1158 is being revived in the California State Senate, and if passed could increase payday lending limits from $300 to $500. (Find out more about this bill and its supporters here.) This spells bad news for borrowers, who already have trouble paying back current loans.  Loans of $300 only yield the borrower $255 to use, and the . . . → Read More: New Bill In the Works to Increase Payday Lending Limits in California