Let me make it clear about need for high-interest pay day loans soars in Minnesota

Let me make it clear about need for high-interest pay day loans soars in Minnesota

Minnesotans are looking at high-interest loans and other solutions away from main-stream bank system, controversial enterprises that run through a loophole to dodge state limitations.

This informative article had been written and reported by Jeff Hargarten, Kevin Burbach, Calvin Swanson, Cali Owings and Shayna Chapel. This article ended up being monitored by MinnPost journalist Sharon Schmickle, manufactured in partnership with pupils during the University of Minnesota class of Journalism and Mass correspondence, and it is the initial in a number of periodic articles funded by a grant through the Northwest region Foundation. Continue reading “Let me make it clear about need for high-interest pay day loans soars in Minnesota”