McCoy standing in way of payday funding bill?
McCoy standing in method of payday funding bill?
Senator McCoy has a selection:
Keep $36 million an in usurious costs in iowan’s pouches as well as in our economy that is local 12 months
Protect 400% interest rates and continue steadily to remove wide variety from our communities.
In a spend time winding up in CCI users, Senate Commerce Committee chair Sen. Matt McCoy (D-Des Moines) stated no intention is had by him of considering Senate File 388, a bill to cap interest rates for payday loan at 36%. (Updates into the post are positioned below. )