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Access to Credit

Access to Credit

Oct 17, 2007

There’s a great op-ed in the Springfield News-Leader about the proposed interest rate cap on payday loans. If you want to read the entire history of interest rate regulation going…

A 50 Basis Point Cut? Try 50,000 …

A 50 Basis Point Cut? Try 50,000 …

Sep 19, 2007

…Nixon cites the fact that Missouri lenders charge an average APR of 422 percent on payday loans, with some companies charging as high as 1,950 percent. Nixon would enact legislation…

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