Category Archives: Reliable Payday Loans

Let me make it clear about Missouri lawmakers considering cash advance modifications

15 Nov , 2020,
Beth Weissman
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Let me make it clear about Missouri lawmakers considering cash advance modifications

Chris Oberholtz

A proposed overhaul of Missouri’s loan industry would offer borrowers more hours to pay for but could enable loan providers to charge greater charges and interest.

Their state Senate delivered legislation towards the House the other day that would prohibit a debtor from renewing a quick payday loan. Under present law, that loan could be rolled over as much as six times.

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