News Coverage

Springfield News Leader
May 11

These predatory lenders are the modern equivalent of loan sharking, typically preying on those who may or may not understand the fine print.

Word and Way
May 9

"It's wrong for out-of-state companies to be getting richer," noted Jim Hill with Missouri Faith Voices in a brief press conference before the signatures were delivered. "It's certainly wrong to charge more than 400 percent interest."

KSHB Channel 41 Action News
May 8

Thousands of people have signed petitions to get interest rates on short term loans capped at 36 percent, the federal government's estimate of a fair rate. 

May 7

The office was buzzing Sunday afternoon awaiting the arrival of new signatures.


Associated Press
May 7

Supporters of raising Missouri's minimum wage and limiting payday loans submitted petitions Sunday to get the separate measures on the November ballot, beating this weekend's deadline to turn in signatures.

St. Louis Beacon
May 7

Activists involved in two initiative-petition drives – to cap payday loan rates and to increase Missouri’s minimum wage – submitted more than 350,000 signatures to the secretary of state’s office shortly before Sunday’s 5 p.m. deadline.

Columbia daily Tribune
May 2

Thousands of signatures will be turned in for a petition to limit payday loan interest rates to 36 percent, said Lara Granich of Missouri Jobs With Justice, part of a coalition of groups to circulate the petitions as a set.

South County Times
April 29

Missourians are collecting signatures as part of a drive against "usurious interest rates" targeting the poor.

April 27

The payday loan industry says that they provide a vital service in under-served communities, but opponents say that they only allow financially-strapped customers to dig themselves deeper in debt.