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Cities, Lenders Resume Battle Over High-Interest Loans

Cities, Lenders Resume Battle Over High-Interest Loans

Mike Parson Would Undermine Municipal Regulations

Tower Loan in Liberty is sandwiched in a strip shopping center, a payday lending store on its left and a income tax planning workplace on its right.

It includes cash that is quick few questions expected. It really is 1 of 2 companies suing Liberty throughout the city’s attempt to suppress high-interest financing. And, as well as other installment loan providers, Tower Loan are at the biggest market of issues about a bit of legislation presently sitting in the desk of Missouri Gov. Mike Parson.

Regarding the Friday prior to the Memorial Day week-end, Jeff Mahurin invested just a short while inside the Liberty branch workplace. “I became simply settling the things I owed,” he said. Continue reading Cities, Lenders Resume Battle Over High-Interest Loans