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The brand new legislation made to protect individuals out of dangerous means and you will activities WASHINGTON-The Pew Charity Trusts today commended Hawaii Governor David Ige (D) to own enacting meticulously well-balanced individual money reform because of the finalizing H.B. 1192. The new laws, that was championed of the state Member Aaron Ling Johanson (D), state Senator Rosalyn Baker (D), and you will Administrator regarding Financial institutions Eye Ikeda, often treat balloon commission payday loan and invite prevalent accessibility sensible installment credit out of authorized loan providers. Until the change, borrowers into the Hawaii had been at the mercy of money that have significant cost …

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