Voters Want Missouri to be Fourth State to End 400% Interest Rates by Ballot
Missourians hope to vote in November on a proposal to limit the interest rate on payday, car title, and installment loans. If successful, Missouri will be the fourth state in four years to approve a reduction of interest rates on payday loans from 400% annual interest to 36% or less. The other states include Montana, Arizona, and Ohio, and in...