Without a doubt about Payday lending debate returns to Georgia

Without a doubt about Payday lending debate returns to Georgia

ATLANTA - customer teams, prosecutors and numerous lawmakers thought that they had closed the doorway once and for all.

But just 36 months later on, payday financing might be returning to Georgia under a bill going through the Legislature.

Backers say the regulations that are strict cost caps being proposed would produce a tightly managed industry kept in balance by strong charges. The effect could be a cry that is far the horror tales about predatory financing that helped kick the industry out from the state in 2004.Leer Más