- December 31, 2020
- by Admin
Springfield coalition will continue to target payday lending
Springfield coalition will continue to target payday lending Opponents of payday loan providers held a gathering in Springfield to voice support for annual caps on interest rates for short-term loans yesterday. Susan Schmalzbauer, the Faith Voices of Southwest Missouri Congregational Coordinator, stated a bill within the legislature would make loans that are such workable for borrowers. “Missouri Faith Voices supports Lynn Morris’s bill to cap the price at 36%, all charges included, because of the APR at 36per cent,” said Schmalzbauer. (more…)
