Will Indiana pay day loan prices stay above state's 'loan shark' limit? When it comes to time that is fourth as much years, community-based advocates looking to raise Hoosiers away from poverty and pecuniary hardship end up in the Statehouse fighting effective lobbyists for out-of-state payday lenders. The debate over high-interest, short-term loans — and their sensed advantages and disadvantages — has returned on in 2019. This time around it focuses on legislation proposing a apr limit of 36 % from the two-week loans as high as $605. Excluded through the state’s loan-sharking law that caps APRs at 72 %, payday loan providers ...