Pay day loans a scourge, yet still a need

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Pay day loans a scourge, yet still a need

Fourteen states prohibit payday financing, calling it predatory. The government that is federal stepping in, too. But also for those that require the cash, you will find few choices.

  • By Simon Montlake Staff Writer

A trio of outsized blue guitars mounted on a telegraph pole face onto the fertile farmlands of the Mississippi Delta at a highway junction outside town. This crossroads is The Crossroads, where guitarist Robert Johnson traded his soul to the devil for musical genius in blues mythology. Today it is a stoplight on Highway 61, a sun-baked strip of discount malls, filling stations, fast-food joints – and half dozen shops providing quick money.. (more…)