Payday lending bill could jeopardize smaller lenders

by Ted Carter Published: January 16,2011
Tags: Dan Robinson, George Flaggs, John Allison, payday lenders
The 28 days the legislation gives borrowers to repay the loan would severely hurt cash flow of small, rural lenders, the payday-loan industry says If Mississippians want payday lenders to go away, state Rep. George Flaggs is giving them a lot of what they want, the lenders say. The Vicksburg Democrat and chair of the [...] [...]
