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Lawmakers face familiar question: just how much is just too much to charge for little, short-term loan?

Lawmakers face familiar question: just how much is just too much to charge for little, short-term loan?

Just how much is simply too much to charge Hoosiers for tiny, short-term loans?

During the Indiana statehouse, the response to that concern relies on whom you ask — and just how you view the pitfalls of economic insecurity.

Sen. Greg Walker, R-Columbus, has filed SB 325 trying to cap the apr on small “payday” loans at 36 percent — an amount well below just just what the industry claims is necessary to just just take in the high-risk loans.