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The Payday Playbook: How High Cost Lenders Fight to Stay Legal

Paul Kiel Pro Publica
Payday, installment and auto-title lenders have more than 1,400 locations in the state — about one store for every 4,100 Missourians. The average two-week payday loan, which is secured by the borrower’s next paycheck, carries an annual percentage rate of 455% in Missouri, more than 100 points higher than the national average. A coalition of faith groups, community organizations and labor unions decided to put forward the ballot initiative to cap rates at 36%.

labor

Low Wage Workers Turning to Voters for Pay Raises

Wesley Lowery Los Angeles Times
When organizing drives prove unsuccessful, some groups of low-wage workers are using ballot initiatives to take their case to the voters. And they've been winning.
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