Congress Should Cap Interest on Payday Loans - Exodus Lending - Exodus Lending

Congress Should Cap Interest on Payday Loans

By anika October 14, 2019

“Because of what we have seen and what our program participants have experienced, we heartily support a 36% interest rate cap on such loans.”

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Our executive director, Sara Nelson-Pallmeyer, wrote about the need for an interest rate cap on payday loans.

Check it out! ⬇️ #StopTheDebtTrap | 📝: MinnPost