WASHINGTON -- The Obama administration is proposing new rules to regulate payday loans, which it says too often lead consumers into a long In his weekend radio address, President
ArchCity Defenders makes guide to help people maneuver legal system-- St. Louis Public Radio Jackson County Landlords Seek 42 Evictions Per Day, And The Toll On Families Is Staggering -- KCUR (Kansas City)
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Louis Public Radio reported on the payday lending industry earlier this year. ) RedDough also gives customers at least four months to pay back loans, rather than the two-week average of payday lenders.
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Our latest Freakonomics Radio episode is called “Are Payday Loans Really as Evil as People Say?” Senior Vice President of Public Affairs, Advance America; Ronald J. Mann, Payday Loans: Time for Review, Federal Reserve Bank of St. Louis (Fall 2014). Alternative Financial Services:
As the interesting article on the subject in Wikipedia states: [in a study of US payday loans] the most frequent rate was $25 per $100, or 650% annual interest rate (APR) St. Louis! Want your group or activity featured on STL DPB? Saw something I should show on the blog? National Public Radio; Laumeier Sculpture Park; Missouri Botanical
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The recommendations of the Ferguson Commission are being touted as a potential roadmap to move forward in the St. Louis region after this year's Is progress being made on Ferguson Commission's payday loan recommendations? which often traps low-income earners with very high-interest loans.
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