Advocacy Groups Say Lending Bill Would Create Cycle Of Debt For Hoosiers

A large coalition of consumer advocacy, non-profit and religious groups is calling on state legislators to scrap a controversial short-term lending bill.

The legislation passed through the state Senate and now awaits a hearing in a house committee.

While some lawmakers say the proposal gives more options to Hoosiers with bad credit, opponents say it will only worsen their financial situations.


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