Leader in pay day loans makes their presence felt at Minnesota Capitol
Brad Rixmann, leader of Burnsville-based Payday America, is a huge from the payday financing scene, running the biggest such business when you look at the state. He is also an important player in Minnesota politics, having https://myinstallmentloans.net doled out almost $550,000 in state campaign donations within the final ten years.
As RixmannвЂ™s efforts have become, therefore has their company, aided by state legislation that enables him to charge interest that is triple-digit on loans that will get as much as $1,000. Their customers spend on average 277 per cent interest, often borrowing over over and over repeatedly against their next paycheck. Continue reading “Leader in pay day loans makes their presence felt at Minnesota Capitol”
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