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Tag Archives: loanshark

Daily Local News – April 8th, 2019

Committee set to hear ‘loansharking’ bill; Commissioner Barge resigns amidst harassment allegations; voter registration for May primary ends today; local political action group endorses Hamilton campaign. FEATURE Bloomington City Council candidate Matt Flaherty talks with Michael Glab on this week’s edition of Big Talk Extra. ACTIVATE Tracy Young talks about her volunteer work with the American Red Cross Disaster Services. …

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Legislators Loosening ‘Loanshark’ Law

State lawmakers are changing the rules for lending practices. Senate Bill 613 passed through the state senate last night, the last day for bills to be brought up in the State Senate or the State House of Representatives. Current Indiana law limits lenders to a 36 percent annual interest rate on loans under $2,000, with loans over that amount having …

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