Legislature considering allowing cash advance loan providers
CONCORD — Usury is within the eye associated with beholder,” said John search, R-Rindge, chairman of your home Commerce Committee, as his panel on Tuesday considered allowing high-interest payday advances in brand New Hampshire once more.
Home Bill 160 relates to them as “installment loans,” however they will be much like the loans provided by the payday lenders that fled New Hampshire following the state capped interest levels at 36 %. (more…)