Categories
Texas payday loans online

New Documentary Details ‘David and Goliath’ Battle Against Payday Lenders in 2016 South Dakota Ballot Measure

New Documentary Details ‘David and Goliath’ Battle Against Payday Lenders in 2016 South Dakota Ballot Measure

Movie shows sky failed to fall whenever payday loan providers stopped recharging 574% interest

South Dakota – An innovative new documentary that is 30-minute today because of the middle for accountable Lending (CRL), in cooperation with Southern Dakotans for Responsible Lending, follows the motion to cap the state’s payday, automobile name, and installment loan rates of interest, which formerly soared as much as 574per cent. The movie catches the relentless nature associated with broad coalition of South Dakotans that took on the securely entrenched and well-financed lending that is predatory – and won.