Who will fill the gap caused by I-164?

One of the organizations campaigning for last week's ballot Initiative 164 limiting payday loan rates to an annual 36 percent, Cap the Rate, took Veterans Day as an opportunity to remind people of the changes that were approved by 72 percent of voters last week.

In rememberance of military members, and the protections they have had from lenders since 2006, the group issued a press release reminding supporters how important the new law is, citing "the cap for military families as evidence that a rate cap addresses the problem of predatory lending while opening the market for alternative prod...