While their arms tend to be tied when it comes to capping rates of interest, payday loan providers may charge – that will be individuals best Missouri legislators could create – people in Springfield City Council will be looking at promoting an ordinance that will replace the way lenders can manage.

The council’s Finance and management panel fulfilled Wednesday to listen from advocates the change, such as a Springfield girl whom says this lady family members had gotten caught inside “payday mortgage pitfall” for longer than 2 years and Cara Spencer, an alderman from St. Continue reading →