Mississippi House votes to extend check-cashing lenders

Published January 25, 2013 12:10am ET



JACKSON, Miss. (AP) — The Mississippi House voted Thursday to let payday lending businesses keep operating in the state beyond 2015, despite objections by some lawmakers that the shops congregate in poor neighborhoods and take advantage of people who might not be financially savvy.

Supporters say the businesses provide easy access to cash for people who might not be able to get loans from traditional banks.

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