U.S. Rep. Glenn Grothman leads battle to rein in payday lending

U.S. Rep. Glenn Grothman leads battle to rein in payday lending Bipartisan bill would outlaw interest that is astronomical MADISON – Wisconsin’s U.S. Rep. Glenn Grothman (R, Fond du Lac) introduced bipartisan legislation in Congress right now to rein in predatory, high-interest customer loans. Payday advances have typical interest that is annual of 486 per cent in Wisconsin and, along …