Opinion: Escaping the debt capture. Michigan premises Bill 5097 would “authorize registered…

Opinion: Escaping the debt capture. Michigan premises Bill 5097 would “authorize registered… Michigan residence Bill 5097 would “authorize registered manufacturers of deferred existing program business to be sure lightweight lending products.” Simply put, the bill would expand payday lending options for users. Payday advances, temporary, high-cost lending options, have already been justifiably belittled because the…