Lawmakers yet again reject bill to fix payday lending glitch

Rep. Adrienne Wooten, a Hinds County Democrat, attempted unsuccessfully once again in 2010 to repair a glitch in Mississippi’s payday lending legislation that had been suppose to provide borrowers thirty days to settle loans of greater than $250. Rather than the 1 month, borrowers have already been getting just a couple of weeks to settle the loans before new charges start working. A supply in...
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