Third lawsuit challenges 'payday loan' signatures

Wednesday, August 22, 2012

Jefferson City attorney Chuck Hatfield’s clients don’t like the idea of capping “payday loan” interest rates at 36 percent.

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They’ve tried several times to block the initiative petition campaign, and last week they filed:

• A motion to intervene in a lawsuit by supporters trying to get the issue on the ballot, arguing that Secretary of State Robin Carnahan didn’t count enough valid signatures on the submitted petitions.

• Their own lawsuit alleging Carnahan counted too many signatures to qualify the issue for the ballot.

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FussyOno 9 months ago

The wicked charge the poor huge sums they can't afford to borrow what they can't afford to pay back. Payday loans should be banned in Missouri. Payday loans are equivalent to bank robbery - against the poor. Dirty shame on you who rob the poor. Hell has it's mouth wide open for you. 36% is outrageous.

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