Supporters for the ballot effort to cap the yearly price of loans at 36 per cent rally in the entry of the Kansas City payday loan provider in Sept. 2012. Photo credit: Communities Producing Possibility
This will be component one of a set on what high-cost lenders beat straight back a Missouri ballot effort that will have capped the rate that is annual of and comparable loans at 36 per cent.
Once the Rev. Susan McCann endured outside a general public library in Springfield, Mo., this past year, she did her better to persuade passers-by to signal an effort to ban high-cost payday advances. [Read more…] about A peek inside pay day loan industry battle to help keep interest limit off ballot