Tag Archives: Minnesotans

Real Minnesotans hurt by predatory payday lending

Minnesotans for Fair Lending released a video today featuring real Minnesotans whose lives have been negatively affected by the payday loans that they’ve taken out. Payday loans are small-dollar, high-interest loans requiring full payback on the borrower’s next payday. They typically carry triple-digit annual interest rates, are due in full on a borrower’s next payday, […]

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Minnesotans for Fair Lending (MFL) is a non-partisan campaign dedicated to reforming and eradicating predatory aspects of payday lending in Minnesota.