Race track proprietor promoting his businesses to protest brand new Southern Dakota payday rules

Race track proprietor promoting his businesses to protest brand new Southern Dakota payday rules

Voters overwhelming accepted a measure to limit rates of interest on payday loans, upsetting a payday credit magnate

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The Badlands engine Speedway (picture via YouTube) The Badlands engine Speedway, a battle car track in South Dakota that can seat around 9,000 enthusiasts, try a?one with the best, most contemporary and high-tech soil records in america,a? when the Badlands engine Speedway may say so alone. Though latest speedway proprietor Chuck Brennan talks of their racing and show site in glowing terms, as just a gorgeous race-track but a a?legendary event aim,a? he insists he calls for resources from an absolutely different markets to help keep they supposed: payday financing.

The track operated in southern area Dakota for 61 many years due to the fact Hunset Speedway until the former proprietors offered the track to Brennan, a payday loan magnate, in 2015. Today it is Brennan who will getting placing the race track on the block as a result of another limit on payday credit interest rates that Southern Dakota voters overwhelmingly accepted inside November election. (más…)

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