High-interest lenders targeting low-income borrowers want Florida lawmakers to let them double their interest rates
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The lending companies just gave $100,000 to Republican leaders in Tallahassee — and $25,000 to Democratic leaders, too.
This is Seeking Rents, a newsletter and podcast devoted to producing original journalism — and lifting up the journalism of others — that examines the many ways that businesses influence public policy across Florida, written by Jason Garcia. Seeking Rents is free to all. But please consider a voluntary paid subscription, if you can afford one, to help support our work. A group of high-interest loan companies that target low- and middle-income consumers want to charge even higher interest rates. The companies, working through a front group called the Florida Financial Services Association,…
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