Sections

Weather Forecast

Close
Advertisement

Religious group seeks payday lending regulations

Email News Alerts

ST. PAUL — Payday loan companies need more state regulation to keep poor Minnesotans out of a “debt trap,” the Joint Religious Legislative Coalition says.

Advertisement

“The vast majority of payday borrowers are caught in a trap with the first loan,” the group’s executive director, Brian Rusche, said Tuesday, urging state leaders to pass a regulation law next year.

Get the full story
Subscribe or Log In

Are you a newspaper subscriber but you don't have a Digital Access account yet? Activate your account.

You will need your subscription account number and phone number. Not sure if you have an account? Email us or call (800) 274-5445 and we can help you.

Advertisement
Don Davis
Don Davis has been the Forum Communications Minnesota Capitol Bureau chief since 2001, covering state government and politics for two dozen newspapers in the state. Don also blogs at Capital Chatter on Areavoices.
Advertisement
randomness