Clergy and staff from across Missouri gather in front of a payday loan shop in Jefferson City to pray for efforts to cap the rate lenders can charge in Missouri. The average annual percentage rate in the state is about 444 percent. Religious leaders are pushing for a ballot initiative to cap the rate at 36 percent.
RNS-PAYDAY-LOANS c
June 19, 2013
RNS-PAYDAY-LOANS c
May 7, 2012
Clergy and staff from across Missouri gather in front of a payday loan shop in Jefferson City to pray for efforts to cap the rate lenders can charge in Missouri. The average annual percentage rate in the state is about 444 percent. Religious leaders are pushing for a ballot initiative to cap the rate at 36 percent.
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Money & Giving