The St. Louis Treasurer says getting more area residents into mainstream financial services will lead them away from payday loans.
A proposed overhaul of Missouri’s payday loan industry would give borrowers more time to pay but would also allow lenders to raise their prices.
Among the proposals are increases in Missouri’s minimum wage and higher tobacco taxes.
Treasurer Clint Zweifel says he is offering emergency 24-hour approvals.
Committee members endorsed the bill by a 13-1 vote
Six Illinois school districts have been given $618,000 in low-interest loans for classroom technology upgrades.
Nixon: “We hope to leverage this into ten times that amount”.
SBA to make loans to victims of New Year’s Eve storm.