payday loan

Politics
3:05 pm
Fri July 18, 2014

Missouri Regulators reconsider payday loan issue

A payday loan shop window.
By Gregory F. Maxwell Wikimedia commons

Missouri regulators are again considering whether to stop payday lenders from collecting utility bill payments from their customers.

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Politics
5:43 pm
Thu July 10, 2014

Nixon vetoes payday loan regulation bill

Credit By Gregory F. Maxwell / Wikimedia commons

Legislation rewriting Missouri's payday loan laws has been vetoed by Gov. Jay Nixon because he says it falls short of "true reform."

Borrowers in Missouri currently can renew a payday loan up to six times and can face interest rates as high as 75 percent of the loan's original amount.

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Politics
7:24 am
Wed April 30, 2014

Missouri House passes payday loan changes

House floor at the Missouri Capitol
Credit File photo / KBIA

The Missouri House passed legislation that would eliminate renewals on payday loans and lower the amount of interest borrowers can currently charge.

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Politics
8:17 am
Thu April 3, 2014

Mo. House panel endorses payday loan legislation

House floor at the Missouri Capitol
Credit File photo / KBIA

A Missouri House panel has adopted a measure that would eliminate renewals on payday loans and lower the amount of interest borrowers can currently charge.

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Politics
11:16 am
Mon February 24, 2014

Missouri lawmakers considering payday loan changes

Credit File Photo / Flickr

Missouri lawmakers are considering an overhaul of the state's payday loan industry that would give borrowers more time to pay back a loan.

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Politics
4:47 pm
Wed July 3, 2013

Nixon vetoes Mo. lending, voting measures

Credit File Photo / KBIA

Missouri Gov. Jay Nixon has vetoed legislation on fees for certain types of loans and on voting by elected officials during public meetings.

The two bills were among four vetoed by Nixon on Tuesday.

Nixon criticized the measure that would have raised the fees that lenders could charge for payday, title and consumer installment loans. The Democratic governor said the bill would have helped payday lenders increase their profits at the expense of people struggling with debt.

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Politics
8:20 am
Mon May 7, 2012

Petition submitted to raise Mo. minimum wage, limit payday loans

The petition would boost Missouri's minimum wage to $8.25 an hour.
File KBIA

Supporters of raising Missouri's minimum wage and limiting payday loans have submitted petitions to get the measures on the November ballot.

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