Random Feed wrote an interesting post today on
Here’s a quick excerpt
The S.C. House has voted to overturn Gov. Mark Sanford’s veto of a bill that creates new rules by which the payday loan industry must conduct business.The vote, 105-4, means the Senate must also agree by at least two thirds to turn back Sanford’s bid to block the bid.Lawmakers agreed to set raise payday loans to $550 from $300 and limit borrowers to one loan at a time. Sanford said the bill unfairly singles out payday loans for their high interest credit products.

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