Without a doubt about WTHR Indianapolis Indianapolis Local Information & Weather

Without a doubt about WTHR Indianapolis Indianapolis Local Information & Weather

There clearly was zero possibility the payday lending bill will advance into the kind it passed the Senate, home banking institutions Chairman Woody Burton said after a long hearing regarding the bill that is controversial.

But just what may happen to Senate Bill 613 is not clear. Burton urged people who offer the measure and opponents who desire it dead to find compromise. The end result could substantially be a amended bill that nevertheless keeps some type of payday financing, a bill paid off to simply a summer time research committee associated with the problem, or no bill after all.Continue reading