HB 289, limiting citizens to a max of 5 payday loans of $1000 in a 12-month period, passed the Delaware State House on a vote of 26-7. The funniest thing in the News Journal article was State Rep. Mike Ramone (R – Newark) said:
There are people who would do anything, including loan sharking, maybe, and there are some payday lenders who are really trying to do good. There are a lot of good payday lenders out there. They want you to get a good bill.
There are a lot of good payday lenders out there. Still laughing over that one.