Debtors prisons happened to be forbidden by Congress in 1833, but a ProPublica content that uncovered the extensive forces of high-interest creditors in Utah caught the attention of a single legislator. Right now, he’s looking to do something about it.
Feb. 14, 2020, 5:17 p.m. reste
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A Utah lawmaker has suggested a costs to stop high-interest loan providers from grasping bail cash from customers who don’t repay their own lending. The bill, released into the state’s House of associates recently, was available in a reaction to a ProPublica review in December. Your article disclosed that payday financial institutions because high-interest loan companies typically sue borrowers in Utah’s small-claims surfaces and take bail revenue of those that happen to be apprehended, and quite often jailed, for gone a hearing. Continue reading “ProPublica logo design. Utah Advocate Offers Payment to halt Payday Lenders From Getting Bail Money from Consumers”