The loan that is payday engages in a vicious predatory period that traps financially-stressed Minnesotans in long-lasting debt and extracts huge amount of money from our communities every year. Minnesotans are demanding stricter laws that could stop predatory lending methods, triple digit portion prices, as well as other abuses.
There clearly was widespread public help for a group of bills presently going through their state legislature doing exactly that.
Read moreStop Payday Lenders from Extracting Millions Away From MN Communities