What’s next in Wisconsin

Well, there is a bill on the floor.  It’s got a lot of the same components as other states w/ databases.  Payday Pundit does a good job summarizing the bill.

One thing to note, the bill will cap the loan and fees at $600, which means the max loan will be a $500 advance, if the lender charges $20 per $100.

The one-at-a-time makes life difficult.  There are so many lenders Internet and store front, that there are a lot of denials.  Let’s face it, time is money.  it’s a drain on the operator.

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