Bill Before Missouri Gov. Mike Parson Would Undermine Municipal Regulations
Above image credit: Abby Zavos worked difficult to pass an ordinance managing high-interest financing in Liberty, but fears her efforts is supposed to be undercut. (Barb Shelly | Flatland)
Tower Loan in Liberty is sandwiched in a strip shopping center, a payday lending store on its left and an income tax planning workplace on its right.
It includes cash that is quick few questions expected. It really is 1 of 2 companies suing Liberty throughout the town’s try to suppress lending that is high-interest. And, as well as other installment loan providers, Tower Loan are at the biggest market of issues about a bit of legislation currently sitting in the desk of Missouri Gov. Mike Parson.
From the Friday prior to the Memorial Day week-end, Jeff Mahurin invested just a short while inside the Liberty branch workplace. “I became simply paying down the things I owed,” he said. “I got my stimulus check.”