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Moorhead councilwoman leads charge to quit ‘vicious cycle’ of pay day loans

MOORHEAD — Moorhead City Councilwoman Heidi Durand is saying it is time to stop payday advances that typically charge triple-digit rates of interest.

She asked the town’s Human Rights Commission Wednesday, Feb. 19, to guide state legislation that will seriously reduce interest rates or to back a feasible town plan to restrict rates. Continue reading