Conn. House Passes Payday Loan Bill Amid Feud With Tribe

By Lance Duroni (May 7, 2015, 4:15 PM EDT) -- The Connecticut House of Representatives on Wednesday passed a bill to rein in payday loan abuses and protect identity theft victims amid an ongoing legal battle between state regulators and payday lenders owned by an Oklahoma tribe.

The legislation, H.B. 6800, which would bar payday lenders from charging more than 12 percent annual interest on loans up to $15,000, was approved by a unanimous vote and moved on to the state senate.

Last month, the bill was touted by Gov. Dannel P. Malloy as he joined two local tribes in denouncing the tactics of Great Plains Lending LLC and Clear Creek...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!