Moneytree, A seattle-based payday lender, recently lobbied the Washington State Legislature to cut back restrictions on payday advances enacted during 2009. Two bills are introduced through the 2015 session that will repeal the limit that is two-week payment plans and authorize installment loans that might be paid down during the period of a year. Despite some initial triumph, the drive of these brand new payday financing legislation stalled in the home. [Read more...]
