On the recordFebruary 10, 2016
With the APR on small dollar loans in Missouri averaging 454 percent, thousands of vulnerable Missourians continue to fall victim to costly small dollar loans.
Said by
William L. Clay
Source
congress.govWilliam L. Clay: “With the APR on small dollar loans in Missouri averaging 454 percent, thousands of vulnerable Missourians continue to…”
Editor's note · Context
Clay highlights the high APR rates on small loans affecting Missourians.
Share
More from William L. Clay
Mar 3, 2020
I can say with great confidence that everyone in this room agrees that discrimination in all of its forms is abhorrent.
Feb 4, 2020
What we were able to achieve in Wellston was because it was a community-wide effort.
Nov 11, 2020
The COVID-19 pandemic and nationwide protests against police brutality and racial injustice have laid bare the structural inequalities.
Feb 4, 2020
I do not believe that we are no longer living in a society of poverty, that we are no longer free from economic decay.