Let me make it clear about need for high-interest payday advances soars in Minnesota

Let me make it clear about need for high-interest payday advances soars in Minnesota

Minnesotans are embracing high-interest loans and other solutions beyond your main-stream bank system, controversial enterprises that run through a loophole to dodge state limitations.

This short article ended up being written and reported by Jeff Hargarten, Kevin Burbach, Calvin Swanson, Cali Owings and Shayna Chapel. This article ended up being monitored by MinnPost journalist Sharon Schmickle, stated in partnership with pupils during the University of Minnesota class of Journalism and Mass correspondence, and it is the very first in a group of periodic articles funded by way of a grant through the Northwest region Foundation. […]