SACRAMENTO ? Up against strong opposition through the industry, a bill that seeks to restrict the sheer number of pay day loans customers might take as well as provide them with more hours to pay for each one of these straight right back stalled into the Senate Banking Committee on potentially dooming its prospects for passage wednesday.

Sen. Hannah-Beth Jackson, D-Santa Barbara, whom proposed the balance to alter a financing training she will continue to seek reforms but that the committee’s indifference will make negotiations with industry difficult that she described as “a debt trap,” said. Hannah-Beth Jackson’s bill to modify lenders stalls that are payday Okumaya devam edin