As pay day loans thrive in Mississippi, neighboring states go on to cap interest that is high

As pay day loans thrive in Mississippi, neighboring states go on to cap interest that is high

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Jennifer Williams nevertheless gets the telephone telephone telephone phone phone calls.

The sound in the other line — from a single of many payday loan providers in her community — says they miss her. “Do you will need any more money?” the voice asks.

For decades, Williams invested every payday driving to up to nine shops in three towns that are separate having to pay an $87 cost for every single $400 loan she had applied for. Continue reading “As pay day loans thrive in Mississippi, neighboring states go on to cap interest that is high”