Indianapolis Post

INDIANAPOLIS, Indiana: Hospitals in Indiana are still reeling from the recent spurt in new Delta Covid cases across the state. According to a report by the Indiana State Department of Health, 2,631 COVID-19 patients are being treated in hospitals, as of September 12, rising over six-fold from some 400 recorded on a daily basis in the beginning of July.

Indiana hospitals canceling procedures to make room for Covid patients Hospitals in Indiana are still reeling from the recent spurt in new Delta Covid cases across the state

Andy Nielsen, a leader with the coalition, said they support legislation to cap the APR for payday loans at 36%. In Indiana, the current cap is 391%. "36% APR has been a long-held rate that preserves a borrower's ability to repay, and allows lenders to still earn a profit," he says. Nielsen added payday loans drain $60 million a year in fees from Indiana consumers, and with a 36% APR cap, they could save millions of dollars.

Predatory lending targeted in Indiana A new coalition is forming to push back against predatory lending and urge state lawmakers to take action to protect consumers.Indiana has 286 payday-loan storefronts, where people go t ...

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