The Missouri House has given first-round approval to a bill limiting how much payday lenders can charge customers. The proposal would have to have a 2nd vote before it goes to the senate. The bill caps total interest at 60% of the loan amount and lets customers “roll over” a loan three times instead of the current six. The law’s sponsor says the bill would protect consumers from high interest rates while still allowing payday lenders to make money. But a democratic lawmaker says interest rates should be much lower and that customers should get more time to pay off their loans.