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Nov 6, 2015 The lenders, who make considerable profits from offering loans to the needy at extremely high rates, had flooded the Legislature with cash, and it seemed impossible to get meaningful legislation past their chosen defenders. But at the local level, consumer advocates have had some success over the last 

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Aug 10, 2017 Another resource is open in St. Louis to help fight the pervasive problem of loan sharks. As News 4 has reported for years, predatory, high-interest loans are feeding a cycle of poverty here i “Payday lenders, while they charge a ton of money for a loan, they are accessible, they are friendly to people.”.