Idaho’s Predatory Lending Industry Hurts Idaho’s Communities and Small Businesses!

Senator Heider speaking out in favor of legislation that would cap “ridiculous interest rates” in Idaho.

On January 21, 2013 ICAN members released a report on Predatory Lending in Idaho.  This report shares stories of families trapped a cycle of debt created  by payday and title loans and offers solutions  to ending the wealth drain that took more than 64 million dollars from local communities in 2010.  As more people become trapped and must tighten their budgets, small businesses and local economies lose out. Read more: Past Due

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