Grand Rapids, MI – March 15th, 2024 – Project GREEN (Grassroots Economic Empowerment Network), a Grand Rapids-based non-profit dedicated to financial empowerment, applauds the Michigan State Senate for passing Senate Bill 632, which caps the Annual Percentage Rate (APR) on payday loans at 36%. “Predatory payday loan practices have long trapped Michiganders in a cycle…
DetailsMichigan Senators Vote to Lower Overdraft Fees
Rep. Barrett will soon cast tough vote in House of Representatives Michigan Sens. Gary Peters and Elissa Slotkin today voted to lower overdraft fees on the state’s families, setting up a tough vote for a number of Republican lawmakers on whether to do the same in the House of Representatives. The Republican Congress has joined…
DetailsReport: Impact of Payday Lending on Families in Greater Grand Rapids
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