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Prop S seeks more legislation of payday advances in St. Louis; supporters say state is failing

  • date
  • June 16, 2021

Prop S seeks more legislation of payday advances in St. Louis; supporters say state is failing While St. Louis voters decide among mayoral and candidates that are aldermanic the town’s primary election next Tuesday, they’ll also answer a concern about short-term loan providers. Proposition S asks whether or not the populous town should impose a yearly $5,000 charge on short-term loan establishments. Those consist of payday and car name loan providers, along with check cashing shops. Here’s what else it might do: The commissioner will make certain any brand brand...

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