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Alaska Legislature votes to limit high interest rates and fees for payday loan lenders

Posted 5/27/25

On the 120th and last day of Alaska’s annual legislative session, the state House passed a bill that would curb high interest rates and fees for payday loans of $25,000 or less.  The Senate passed Senate Bill 35 in late April, and the House passed the bill Tuesday by a vote of 24 to 16. […]

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