A companion bill to HF 2293 (Atkins) enacting payday lending reform was introduced in the Senate yesterday and referred to the Senate Commerce Committee. SF 2368 was introduced by Senator Jeff Hayden, “a bill for an act relating to commerce; regulating payday lending”, according to the Senate Journal March 6. Co-authors are Sen. Kevin Dahle, […]
The House Commerce Committee heard the Payday Lending Reform Bill (HF 2293, Atkins; SF 2368, Hayden) today, with State Rep. Joe Atkins presenting it. Testimony in favor of the bill included Brian Rusche of the Joint Religious Legislative Coalition, Darryl Dahlheimer and Cherrish Holland of Lutheran Social Services Financial Counseling, and Reneé Bergeron, citizen of […]
Minnesotans for Fair Lending is releasing information today about payday lending in Minnesota, including the overall number of payday loans made in the state, how much money is drained from Minnesota’s families annually due to payday loans, and the difference between a payday lender and an “industrial loan and thrift” lender (clue: one operates via […]
Come out to support the PAYDAY LENDING REFORM BILL hearing in the House Commerce Committee, State Office Building Basement, Wednesday, February 26, 4:00-6:00 PM! We need to FILL THE HEARING ROOM so bring friends and fellow advocates in support of ending predatory payday lending. Your presence will help to encourage those who are testifying and […]
New fact sheets have been made available today at MFL’s Resources page: Frequently Asked Questions about Payday Loans Myths and Fact about Payday Lending in Minnesota Minnesotans for Fair Lending Payday Lending Reform – Bill Summary Check back often, as we’ll be updating the website often with campaign updates.
Join the Joint Religious Legislative Coalition, Holy Trinity Lutheran Church, The Justice and Witness Team of the Minnesota Conference UCC, Jewish Community Action, Legal Services Advocacy Project, and Minnesotans for Fair Lending to learn about the problem of payday lending in Minnesota and potential solutions to change the situation. Dinner will be provided! Where: Holy […]
Minnesotans for Fair Lending (MFL) is a non-partisan campaign dedicated to reforming and eradicating predatory aspects of payday lending in Minnesota.