News you can use
News you can use
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Payday loan initiative sponsors make final push MATT VOLZ, Associated Press Writer HELENA — Supporters of an initiative to cap interest rates on payday and title loans are making a final campaign push after the measure's opponents failed to convince a judge to remove it from the Nov. 2 ballot. Groups representing the poor, the elderly and women are among those who want to put an end to short-term loans that charge as much as 650 percent annual interest, saying it's a predatory practice aiming to trap vulnerable segments of t... Full story
Judge rules loan initiative will stay on Montana ballot MATT VOLZ, Associated Press Writer HELENA (AP) — A district judge ruled Thursday that an initiative to cap interest rates on payday loans will stay on the November ballot after opponents failed to prove signatures had been improperly gathered. The state certified the initiative, known as CI-164, after supporters turned in the signatures of 27,421 registered voters in 54 districts. The initiative seeks to cap the interest rate on payday loans at 36 percent. Opponents cont... Full story
Judge rules loan initiative will stay on Montana ballot MATT VOLZ, Associated Press Writer HELENA (AP) — A district judge ruled Thursday that an initiative to cap interest rates on payday loans will stay on the November ballot after opponents failed to prove signatures had been improperly gathered. The state certified the initiative, known as CI-164, after supporters turned in the signatures of 27,421 registered voters in 54 districts. The initiative seeks to cap the interest rate on payday loans at 36 percent. Opponents cont... Full story
Mont. tea party removes leader after anti-gay post MATT VOLZ, Associated Press Writer HELENA, Mont. (AP) — The president of a Montana tea party group has been kicked out of the organization for an exchange on his Facebook page that appeared to condone violence against homosexuals. The Big Sky Tea Party Association's board of directors voted Sunday to remove Tim Ravndal from the group after members learned of the online conversation in July that began with a comment about an American Civil Liberties Union lawsuit over r...
