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Fort Wayne-based nonprofit Brightpoint is launching a new Community Loan Center program for the South Bend area. Participating employers effectively give employees payday advances up to $1,000, at no cost to the employer, to help employees who don't have checking accounts avoid high interest rates and fees.
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Michigan elections officials — with a new member in the group — are evaluating whether a pair of constitutional amendments should appear on the November ballot.
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It’s looking like a ballot question to limit service fees on payday loans did not qualify to go before Michigan voters this November.
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A ballot campaign has filed a legal challenge to a decision by state elections officials to throw out petition signatures. The suit was filed by a campaign to put a cap on payday loan interest rates in Michigan.
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More than 47,000 Hoosier households were using a payday loan in the last 12 months according to the Indiana Institute for Working Families. A new…