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Remain true Missouri Coalition Launches to Rally Against State Pay Day Loan Ballot Initiative

Coalition Aims to Safeguard use of Safe and low-cost Lending Alternatives in Missouri

Today, remain true Missouri, a non-partisan coalition which represents customers, organizations, civic teams, and faith-based companies from throughout the state launched its initiative to guard use of safe and affordable old-fashioned installment loans also to oppose the Missouri pay day loan Ballot Initiative. The coalition strives to educate Missourians about conventional small-dollar installment loans, that may fade away in the event that ballot initiative passes.

“Missourians are now being expected to signal a petition for the ballot effort that will cap rates that are lending. As the effort has been reported as an endeavor to safeguard customers from payday advances, it could really limit use of all little loans, including useful old-fashioned customer installment loans. Continue reading