SALT LAKE CITY — Stymied for years by restrictive state law, the Utah League of Credit Unions is now looking at a ballot initiative perhaps this fall to provide relief on business loans and expansion, according to Scott Simpson, president/CEO.

Such a public referendum might also contain consumer-friendly provisions putting caps on return check fees, ATM surcharges, and payday loan interest rates.

Simpson stressed the concept of a ballot referendum is still in the talking stages and "speculative."

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