California must take a small step against predatory lending

5/28/18 Every year, lobbyists in Sacramento have stymied efforts for much needed consumer protection laws against predatory lending. This year, the payday lending industry has hired various lobbying firms and paid for radio ads and social media campaigns.
This session, California families have allies in Assemblyman Ash Kalra, D-San Jose, and Sen. Holly Mitchell, D-Los Angeles, who are pushing Assembly Bill 2500 to protect them from abusive installment loans. The bill is expected to go to the Assembly floor this week.
6/5/18 Never made it to vote per Ash. Archive 6/1/18