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Payday loan rules encouraged


ST. PAUL - Minnesota Senators are awaiting a vote on new regulations for payday loans.

The House passed a bill that would reduce some loan interest rates, require that a lender make sure a person has the ability to repay a loan and limit the number of payday loans a lender can make to a person each year. Committee testimony indicated that some people get a new loan as soon as they pay off another one.

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Denton (Denny) Newman Jr.
I've worked at the Brainerd Dispatch with various duties since Dec. 7, 1983. Starting off as an Ad Designer and currently Director of Audience Development. The Dispatch has been an interesting and challenging place to work. I'm fortunate to have made many friends, both co-workers and customers.
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