rate

News: May 16 - 22

May 22, 2020
SDPB

The nation's unemployment rate is around 15%, “2020 Homeless Count” numbers are in, Rapid City sees an uptick in COVID-19 cases, tribes maintain sovereignty regarding their checkpoints, and CFAP provides up to $16 billion in direct payments to deliver relief to America's farmers and ranchers.  

Payday Loan Interest Rate Cap Petitions Now Circulating

Aug 26, 2015

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 charge average rates of 574 percent  in South Dakota.    But, proponents of a 36 percent cap, call a second interest rate campaign a fake that aims to confuse voters.