But just 36 months later on, payday financing might be finding its way back to Georgia under a bill going through the Legislature.
Backers state the strict laws and cost caps being proposed would create a tightly regulated industry kept under control by strong charges. The end result will be a far cry from the horror tales about predatory financing that helped kick the industry out from the state in 2004.
Experts are far trusting that is le.
“they truly are fundamentally wanting to disinfect their image, however their history on playing because of the guidelines is awful,” stated Allison Wall, executive manager regarding the customer advocacy team Georgia Watch.