Payday loan reform in Kansas gets another shot
The effort to change state laws around payday loans really hasn't made much, if any, progress over the past number of years. But a reform bill heard last week, backed by consumer advocates and some lenders, may be the best chance ― albeit small ― that payday loan reform has seen in Kansas for a while. "It has more positives than any of the ones that I can remember seeing before," said Rep. Jim Kelly, R-Independence, who has chaired the Kansas House's financial institutions committee for many years. "This is one that I think is more workable than some of the ones that have come over ...
Source: cjonline.com
