Jeff Merkley Announces New Crackdown on Payday Loan Sharks
March 27, 2008
March 27, 2008
PORTLAND, Ore., March 27 -- The campaign of Jeff Merkley, the Democratic nominee for the U.S. Senate in Oregon, issued the following news release:
House Speaker Jeff Merkley, candidate for U.S. Senate, announced a new plan to crackdown on payday loan sharks across the country, including a national cap on interest rates and tough new restrictions on loans sold over the internet. Merkley led the effort in Oregon to cap the interest rates at 36 percent on payday loans and place stric . . .
House Speaker Jeff Merkley, candidate for U.S. Senate, announced a new plan to crackdown on payday loan sharks across the country, including a national cap on interest rates and tough new restrictions on loans sold over the internet. Merkley led the effort in Oregon to cap the interest rates at 36 percent on payday loans and place stric . . .