Advocates worry bill will undo lending that is payday

Advocates worry bill will undo lending that is payday LIBERTY, Mo. — Payday loans carry an interest that is average of nearly 400 per cent, producing financial obligation traps for consumers. It really is why Liberty voters decided in November to pass through limitations on loan providers. Nonetheless, a bill on its solution to Gov. Mike Parson’s desk could undo some of these limitations, in accordance with some advocates.

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