Tag: Missouri
Community Lending in Missouri Borrows from Payday Lenders
In the same week that the new federal Consumer Financial Protection Bureau announced it will consider regulating the payday loan industry, two bills capping interest rates are pending in the Missouri General Assembly. Yet even…
Read MoreMissouri Lawsuit Seeks to Change Language in New Payday Loan Petition
A lawsuit was filed in Cole County Circuit Court and seeks to change the language used on a measure which would cap interest rates on auto and payday loans.
Read MoreMissouri Interest Rate Cap Could Close Payday Loan Businesses
The Missouri secretary of state’s office has announced that supporters of an initiative to cap interest fees on payday loans may begin collecting signatures.
Read MoreAre State Income Taxes Out of Date?
Conventional thinking would say that an income tax means states get more money, meaning they can better fund themselves and better stimulate growth within their borders.
Read MoreLenient Cash Advance Lending Laws in Missouri
CashAdvance.com Educates Missouri Consumers About the Rules & Regulations of Payday Loans Consumers in need of a cash advance in Missouri should be conscious of the various laws, rules and regulations governing the cash advance…
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Consumer Notice: A cash advance, also referred to as a payday loan or payday advance, is a small, short-term loan that is intended to cover a borrower's expenses until the following payday. Cash advances are intended for short-term financial relief and do not constitute long-term financial solutions. Consumers facing debt and credit difficulties should seek out debt and credit advisory help. Consumers are encouraged to consult our State Consumer Resource pages to learn more about the risks involved with cash advances, local laws and regulations that may be applicable to cash advances, possible loan alternatives and recent developments in their state.
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