Payday america loans. Spend loans can be a cycle of financial obligation day

Payday america loans. Spend loans can be a cycle of financial obligation day

State Sen. Chuck Wiger disagrees.

“People are exploited and most lead to economic quicksand,” Wiger reported.

Wiger, DFL-Maplewood, wish to shut down payday financing by banning it completely. Wiger stated he did not write the balance to prohibit lending that is payday their constituents reported about it.

“I happened to be more motivated with a documentary we saw on fundamental general public television which talked about exploitation of bad people, particularly people of color,” Wiger stated. “we wondered, does Minnesota allow this? we checked, I then found out that yes, we do allow it.”

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