In the last days of the 2014 legislative session, the Minnesota Legislature tried to pass tougher legislation against payday lenders. Several religious groups whose members were being decimated by triple-digit interest against future paychecks were stymied when Republicans blocked the measure, arguing it removes options for low-income families.
It’s an option for getting ripped-off as PBS NewsHour proved yet again last evening with a focus on a Sioux Falls, S.D., family living paycheck to paycheck.
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