Resolution to Preserve Intense Washington State Customer Protection Laws Associated With Pay Day Loans WHEREAS Washington ranks full of studies on customer defenses for customers on payday advances; and WHEREAS Washington’s payday lenders have forfeit three-quarters of these company when you look at the 5 years since a difficult state that is new limiting the high-cost loans marketed to poor families took impact; and WHEREAS the industry, led by Seattle-based Moneytree, is lobbying state lawmakers to revamp what the law states. Loan providers are supporting...

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