The state of Idaho has the highest interest rate for their payday loans in the nation and many of this state’s population are in need of payday loan debt help in a hurry!
At the rate of 582 percent, this puts Idaho at the very top of a list and the reasons for this are many.
All but seven states in the USA have caps on the amount of interest allowed for these short-term high-interest loans and you can guess that Idaho is one of those seven states that do not have any limits on the amount a lender may charge for these types of loans.
Need Help With Payday Loan Debt In Idaho Or Any Other State?
When it comes to Nebraska and payday loans it seems like this state is doing it’s best to change the laws despite huge efforts from the payday loan lobbyists to stop them.
We here at Help With Payday Loan Debt are very pleased with the state’s efforts.
There are new laws taking effect that will make payday loan companies follow strict terms when it comes to giving out payday loans and this will help the borrowers from getting in over their heads with these loans.
Payday loan companies are notorious for giving out multiple loans and larger loan amounts than people can afford to pay back and this is just not right as it traps the poor and is considered taking advantage of the disadvantaged!
Let’s take a look at what is happening in Nebraska and how it will affect the industry and the customers who may be thinking about taking out one of these loans.
Need help with payday loan debt in Nebraska or any other state?
Today brought some really good news for Wisconsin payday loans.
In signing the state budget on Sunday, Governor Scott Walker went ahead and nixed the payday loan provision that was quietly inserted into the budget last week along with many other last minute provisions.
It seems the Governor listened to the outcry by many different organizations in Wisconsin and did the right thing by taking this out of the state budget.
In our and many others eyes, this provision never belonged in the budget in the first place.
We are happy Mr. Walker has taken this out of the budget as it was the right thing to do and the way it got there in the first place is an interesting story.