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Let me make it clear about pay day loan springfield mo

Let me make it clear about pay day loan springfield mo

By Blake Tommey

Missouri is really an oasis that is lush predatory loans, with an increase of payday loan providers here than Starbucks, McDonald’s and Walmart shops combined. In 2017, Missouri loan providers issued a lot more than 1.6 million payday loans—averaging about one out of four residents—each holding the average yearly rate of interest of 462 per cent.