People who use payday loans to borrow money would only have access to $600 at a time under a plan introduced by Democrats in the State Assembly. But as Shawn Johnson reports... the proposal would not cap interest rates. Listen here.
Tune in Tuesdays at 8 am to the Ideas Network for "On Your Money". Financial planner Kevin McKinley joins Joy Cardin and answers your economy questions. Listen to the most recent episodes here.