Columbia considers regulations on payday loan companies

😟 93.8 COLUMBIA, Mo. (AP) - Columbia is looking into imposing heavier regulations on payday lenders. The Columbia Missourian (http://bit.ly/2sZB7L3 ) reports that an ordinance is being drafted. Payday loan companies offer small loans, usually less than $1,000, that borrowers usually promise to pay with their next paychecks. The loans are predominantly ...