Category Archives: Massachusetts Payday Loans Online Same Day

Moorhead councilwoman leads charge to avoid ‘vicious period’ of payday advances

MOORHEAD — Moorhead City Councilwoman Heidi Durand says it is time to stop payday advances that typically charge triple-digit rates of interest.

She asked the town’s Human Rights Commission Wednesday, Feb. 19, to aid state legislation that could seriously reduce interest levels or to back a feasible town plan to restrict prices.

Durand stated the “working poor or the many financially strapped or susceptible” are taking out fully vast amounts of such loans in Clay County, including as much as thousands and thousands of bucks in interest payments and costs taken off the regional economy. Continue reading