‘It left me with nothing’: the debt trap of payday loans
Some payday loans have interest rates as high as 664% – but now Minnesota will cap them at 36%, in line with some other states. Read More
Some payday loans have interest rates as high as 664% – but now Minnesota will cap them at 36%, in line with some other states. Read More
Payday loan rate cap in advanced stages at Capitol Read the Mankato Free Press article here MANKATO — Proposed legislation… Read More
Payday loans are rising, but a Minnesota proposal might soon put an APR cap on them Sherry Shannon thought… Read More
Payday loans can lead to a cycle of debt. Learn how these loans work and what resources you can use to relieve payday loan debt. Read More
Payday loans trap Minnesotans in a cycle of debt A bill in the Legislature would cap interest rates for payday loans at 36%… Read More
Read the article from Grace Deng in the Minnesota Reformer House legislators on Wednesday advanced a bill to… Read More
VIENNA WILSON Vienna Wilson is the board president of Exodus Lending, a nonprofit that helps Minnesotans get out of predatory lending debt. Read More
“Anne Leland Clark: Payday loan debts have financially hobbled thousands of Minnesotans. Lawmakers and other elected officials must advocate for reform in lending practices,… Read More
Exodus Lending is proud to be “pioneering a reimagined world of consumer lending” with our 0% interest, $0 fee refinancing program. A huge thank… Read More
In Clay County, Moorhead City Councilwoman Heidi Durand says it’s certainly time to STOP allowing payday loans with triple-digit interest rates. Read More