The Coalition of Religious Communities is calling on Utah's financial institutions to stop providing business loans to payday cash advance lenders and instead find a way to offer more loans directly to the state's economically…
The Utah Department of Financial Institutions, in cooperation with the Utah Consumer Lending Association, has produced a new brochure, "Consumer Guide to Payday Lending."
The Deseret Morning News reports that Utah payday loan agencies dodged a legislative bullet Tuesday — one that would have limited them to charging just 8 percent annual interest on their loans instead of the triple-digit APRs that they…