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Payday loan rate cap in advanced stages at Capitol
The Free Press, Mankato, Minn. via Yahoo News· 1 year agoMay 15—MANKATO — Proposed legislation to cap interest rates on payday loans would be a huge step toward protecting consumers from predatory lenders, said Mankato's organizer for the Minnesotans ...
Advocates call for curbs on "predatory" payday loans
The Free Press, Mankato, Minn. via Yahoo News· 2 years agoJul. 21—Advocates from local nonprofits plan to call on the Mankato City Council to place interest-rate caps on what they call "predatory" payday lenders. Payday loans, typically amounting to ...