Category New Mexico payday loans near me

Reversing the Tide on payday advances in Mississippi

Reversing the Tide on payday advances in Mississippi

Southern Bancorp was a longtime advocate for policies, programs and items that improve household financial protection.

An integral part of this advocacy includes efforts to remove practices that are predatory as payday financing. within our newest Policy Points edition, “Turning a Cycle of Debt and Dependency into Financial protection: Rerouting Payday Loan people in Mississippi,” we look in the current payday lending environment in Mississippi; highlight the necessity for effective cash advance alternative services and products and strong asset building policies https://cartitleloansextra.com/payday-loans-nm/ by showcasing classes discovered in Arkansas; provide policy recommendations for increased monetary security for Mississippians, including payday financing reform; and show a brand new alternative payday loan approach in Mississippi, the brand new Roots Credit Partnership, that will be facilitated by the Mississippi Center for Justice through conventional finance institutions and companies through the entire state.

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