Moorhead councilwoman leads cost to avoid ‘vicious period’ of payday advances

Moorhead councilwoman leads cost to avoid 'vicious period' of payday advances Moorhead City Councilwoman Heidi Durand says it is time to stop loans that are payday typically charge triple-digit interest levels. She asked the city's Human Rights Commission Wednesday, Feb. 19, to aid state legislation that will seriously reduce interest levels or to back a city that is possible to restrict rates. Durand stated the "working poor or even the many financially strapped or susceptible" are taking out fully vast amounts of such loans in...