INDIANAPOLIS (WISH) — Could there soon become more options to fast help Hoosiers get cash?

There’s a bill making its means through the Statehouse that supporters state could expand payday financing in our state. But, opponents believe Hoosiers could find yourself short-changed.

The bill passed the Senate by having a vote of 26-23 on Feb. 26. It is now into the tactile fingers of the home Committee on banking institutions.

There are many payday loan facilities in the us than you will find McDonald’s restaurant locations, in accordance with the Federal Reserve Bank of St. Louis. Those loans are marketed as being a convenient method to get money quickly. Read more

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