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Mississippi Payday Loans Article

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Mississippi Payday Loans

MONTGOMERY — Two bills to further regulate the payday loan and title pawn industries and lower interest rates for those transactions were referred to an Alabama Legislature subcommittee last week, a process that sometimes means death for ...

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Backers work to save Ala. loan bills

JACKSON, Mississippi -- Mississippi lawmakers may never have to debate payday loan interest rates again. The state Senate gave final approval Friday to House Bill 559, which deletes the requirement that lawmakers periodically renew authorization for the loans.

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Gov. Phil Bryant gets bill permanently allowing payday loans

Similarly, the Insight Center found that five states charged the greatest amount of payday loan interest were California, Texas, Florida, Mississippi and Illinois. In these locales, financial payday losses ranged from $135 million in California to $55 ...

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Payday Lending Drains Nearly $1 Billion from Communities

Similarly, the Insight Center found that five states were charged the greatest amount of payday loan interest were California, Texas, Florida, Mississippi and Illinois. In these locales, financial payday losses ranged from $135 million in California to $55 ...

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Payday lending drains nearly $1B

Similarly, the Insight Center found that five states charged the greatest amount of payday loan interest were California, Texas, Florida, Mississippi and Illinois. In these locales, financial payday losses ranged from $135 million in California to $55 ...

Read more


How Payday Lending Drains Communities

Through payday loan alternatives, credit-building loans or other short ... BankPlus has 65 branches in 34 Mississippi communities. The Program of Assisted Lending (or PAL) Loan at Central Bank is a fixed-rate loan for lower-income families or individuals ...

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Payday Loan Alternatives at Community Banks

MONTGOMERY, Ala. (AP) — Two bills to further regulate the payday loan and title pawn industries and lower interest rates for those transactions were referred to an Alabama Legislature subcommittee last week, a process that sometimes means death for ...

Read more


Supporters work to save bills to regulate loans

PROVIDENCE – Woonsocket Rep. Lisa Baldelli-Hunt says lawmakers who insist on reducing the annualized percentage rate for payday loans down from the current 260 percent to 36 percent immediately are “detrimental to the cause” of reforming an industry ...

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Baldelli-Hunt looks to cut payday loan rate incrementally

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