State Reps Discuss Changes To Payday Loan Laws in Missouri

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Representatives in the state of Missouri are looking at making changes to short term lending laws. That could open the door for the state government to help you get a better deal on a loan. Mike Ferguson of the Missouri Viewpoints program on KRMS explains why some Missouri activists want new rules.

If lawmakers do not change the short term lending laws, some activists say they may try to put the issue on the statewide ballot in 2016. Missouri Viewpoints airs every Friday at 5:40 on the Ozarks Today starting this May the 9th.

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