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Lawmakers desire to boost fines for rogue payday loan providers by 500 per cent

on December 15th, 2020 by - Comments Off on Lawmakers desire to boost fines for rogue payday loan providers by 500 per cent

Lawmakers desire to boost fines for rogue payday loan providers by 500 per cent Senate Bill 169 and home Bill 321 would increase the number of fines open to the Kentucky Department of finance institutions through the present $1,000 to $5,000 for every payday financing breach to between $5,000 and $25,000. State Sen. Alice Forgy

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