While the first 1 / 2 of the 2019 lawmaking session wrapped up, a bill limiting payday lenders died, while another, enabling several types of high-interest loans, passed away out from the Indiana Senate.

Sen. Andy Zay (R-Huntington) says Hoosiers are struggling with credit.

“Unfortunately, 20 percent of Hoosiers have a credit history of significantly less than 550,” says Zay. “These Hoosiers presently borrow over $1 billion more than 1 million loans.”

Their recommendation to correct this? Continue reading