Kansas advocates of payday, vehicle name loan reform protest in six metropolitan areas

Kansas advocates of payday, vehicle name loan reform protest in six metropolitan areas

Tuesday

Previous Hays resident Annie Ricker had been confident she could quickly pay back $750 lent from a lender that is payday fulfill unforeseen medical and vehicle expenses.

Because of the time the debt had been pleased, Ricker had paid a lot more than $3,000 into the loan provider.

Ricker, pastor at Berryton United Methodist Church, joined up with two dozen individuals in Topeka for simultaneous protests Tuesday led by members of this company Kansans for Payday Loan Reform. They collected in six towns across Kansas to introduce an attempt to reform state law by restricting rates of interest and regulating payment schedules set by payday and automobile name loan providers. Read more