pay day loans

A corresponding pair of bills, one in the state Senate and one in the House, would regulate payday loans.

It’s looking like a ballot question to limit service fees on payday loans did not qualify to go before Michigan voters this November.

A ballot campaign has filed a legal challenge to a decision by state elections officials to throw out petition signatures. The suit was filed by a campaign to put a cap on payday loan interest rates in Michigan.

Michigan stores that handle ‘money orders’ may soon have to post the fees they charge. State representative Leslie Love says many poor Michiganders use…