Summary
JEFFERSON CITY -- A lobbyist for payday lenders yesterday portrayed the business as the helpful friend of the single mother, ready with $100 when the car needs fixing and there's no place else to turn.
Randy Scherr, representing United Payday Lenders of Missouri, an industry umbrella group, said the House bill presented to the Senate Commerce, Consumer Protection, Energy and the Environment Committee goes too far to restrict the lenders.See the full content of this document
Extract
; Lobbyist's Pitch Meets Skeptics.
But at least one member of the committee was skeptical of Scherr's claim, showing there might be more sentiment in favor of tougher regulation in the Senate than there was in t...
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