Price gauging by payday and car title lenders would be more difficult under a bill that cleared Missouri Senate Monday. Michelle Wirth has more from Jefferson City.
The bill limits the fees small loan lenders can charge customers. St. Louis Senator Anita Yeckel says the bill is aimed at protecting borrowers.
If the bill receives final passage from the House, fees at the time of borrowing could not exceed fifty dollars for loans under $500. From Jefferson City, I'm Michelle Wirth.