Shortterm Loan Consumer Protection Amendment

Photo of Don Brey
KAREN KASLER / STATEHOUSE NEWS BUREAU

A crackdown on payday lenders that lawmakers haven’t passed is a step closer to going before voters next year.

 

The Short-Term Loan Consumer Protection Amendment will look familiar to many, according to Don Brey, the lawyer for the group of activists and faith leaders that wants it approved.

“It’s basically, with a couple tweaks, the same as H.B. 123.”