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…Following passage by the Senate, the Michigan League for Public Policy (MLPP) issued a statement of support.

“We commend Sen. Sarah Anthony for sponsoring this bill, which would go a long way in helping make loan repayment more manageable and limit the number of individuals and families who end up trapped in debt,” said MLPP President and CEO Monique Stanton. “This smart legislation would bring Michigan up to speed with the protections that were extended to our military service members more than 17 years ago through the Military Lending Act as well as the 20 other states that have already put commonsense payday lending consumer protections into place for their constituencies.”

Read more at Michigan Advance.

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BLOX Digital
Iosca County News-Herald
News from the States
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