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Proposal To Increase Cash Advance Cap Concerns Customer Advocates

Proposal To Increase Cash Advance Cap Concerns Customer Advocates

Wednesday, April 27, 2011

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What exactly is the inspiration behind a proposition to improve the $300 cap on pay day loans? We talk with Investigative Reporter Amita Sharma about why Assemblyman Charles Calderon (D-Whittier) is pressing for the cash advance limit become risen up to $500, and just exactly what customer advocates assert concerning the concept.

What is the inspiration behind a proposition to improve the $300 cap on pay day loans? We talk to Investigative Reporter Amita Sharma about why Assemblyman Charles Calderon (D-Whittier) is pushing for the cash advance limit become risen up to $500, and exactly exactly what customer advocates say in regards to the concept.