SD lawmaker wants to tighten payday loan rules | The Daily Republic

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SD lawmaker wants to tighten payday loan rules

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By Chet Brokaw

PIERRE — After negotiating with representatives of the payday lending industry, Rep. Steve Hickey has come up with a proposal he hopes the South Dakota Legislature will pass to put restrictions on the short-term loans he says can trap poor people in crippling cycles of debt.


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