We are encouraging South Dakotans who believe we should cap interest rates on payday loans and car-title loans at 36% to vote YES on Initiated Measure 21. Currently, there is NO cap on interest rates. Lenders can and do charge whatever high rates they want to. Today, the average payday loan in South Dakota charges ditect payday loans lendersNov 16, 2016 8 general election that capped interest rates charged by payday, auto loan and installment loan companies at 36 percent annually. And he said predictions that the measure may kill the short-term payday loan industry in South Dakota — which makes emergency loans to those in need of quick cash — are Auto Loan Acceptance :: Home paydayloan onlineBanking, Mortgage, Retirement, Wealth Management | ND, MN, AZ
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