interest rates

SDPB

In The Moment ... December 2, 2019 Show 710 Hour 1

Measure May Circumvent Payday Lending Cap Vote

Feb 19, 2016

In November voters in South Dakota will decide on a measure that caps the amount of interest a payday lender can charge at 36 percent.    

But a bill lawmakers are considering in Pierre might override that effort.   Critics of House Bill 1161 say it negates the effort to cap interest rates.