As pay day loans thrive in Mississippi, neighboring states relocate to cap interest that is high

As pay day loans thrive in Mississippi, neighboring states relocate to cap interest that is high Profit A Flash Check Advance’s sign up Ellis Avenue on Monday, October 2, 2018. Rep. Kathy Sykes, D-Jackson, whom represents numerous low-income areas, co-authored the 2018 bill to reenact regulations creating installment loans. Sykes said she didn’t recognize the costs might be because high…

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