We commend the Springfield City Council for starting a severe discussion on predatory lending. Such talk acknowledges the destruction pay day loans inflict upon our community. Ideally, this conversation will result in some action that is concrete for Springfield.
Yet, talk just isn’t sufficient.
Springfield happens to be referring to payday lending for over 10 years, yet absolutely absolutely nothing changed. Again and again, talk will not be followed closely by action.
An organization from Faith Voices of Southwest Missouri and also the the indegent’s Campaign protest payday advances outside Historic City Hall before a town council conference on Monday, April 22, 2019. (Photo: Nathan Papes/News-Leader)