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A bill backed by members of the payday loan industry has failed in the South Dakota House of Representatives. Those supporting House Bill 1161 say it adds…
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South Dakota is one of few states that has no cap on the interest rate payday loan companies can charge. Some loan companies require an APR of 500 percent…
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A poll from AARP South Dakota shows most people who are over age 50 want the state to restrict how much money payday lenders can charge. The membership…
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There are two petitions in South Dakota that aim to cap the amount of interest that payday lenders can charge. According to one study payday lenders…
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State lawmakers support the governor’s plan to use one-time dollars to prepay public building loans. The Senate Appropriations committee passed House Bill…
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The payday loan industry won’t face further regulation after legislation in Pierre floundered in committee. The measure sought to place restrictions on…
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A non-profit community loan fund based on the Cheyenne River Indian Reservation has expanded its target market to all enrolled members of federally…
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The South Dakota Indian Business Alliance has concluded its first year of operating the Native Entrepreneur Investment Fund. The fund distributed 11 loans…