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Fair lending organization praises Moorhead's payday loan crackdown - Vimarsana News

Fair lending organization praises Moorhead's payday loan crackdown

Fair lending organization praises Moorhead's payday loan crackdown The program was passed by the City Council this past fall and caused the city's two lenders — Greenbacks at 819 30th Ave. S. and Peoples Small Loan Co. at 1208 Center Ave. — to close up shop. 9:00 am, Dec. 31, 2020 × A sign still remains showing where the Greenbacks payday loan lending office was located at 819 30th Ave. S. in Moorhead. After the city passed a more restrictive ordinance regulating the businesses, the shop and the other one in the city both closed. Barry Amundson / The Forum MOORHEAD...

Moorhead ordinance stops payday lenders from charging steep interest rates - Vimarsana News

Moorhead ordinance stops payday lenders from charging steep interest rates

KVRR Local News The ordinance will go into effect on Friday December 30, 2020 , MOORHEAD, Minn. – Moorhead is hoping to pave the way for frustrated Minnesota cities with a new ordinance to limit payday lenders. They’re calling it the Moorhead Model. It’s the first of its kind in Minnesota. It will stop payday lenders from charging big annual fees. “Unfortunately when your business model relies on charging three hundred, four hundred, or five hundred dollars in interest rates on financially vulnerable individuals, it’s a dangerous business model,” Moorhead City Council Member Heid...

Source: kvrr.com
5 things to know today: Vaccine reaction, Virus strains, Payday loans, Mental toll, Nursing homes - Vimarsana News

5 things to know today: Vaccine reaction, Virus strains, Payday loans, Mental toll, Nursing homes

watch live 2. North Dakota health officials to screen for new COVID-19 strain ID'd in Colorado and California A COVID-19 test is administered at a pre-Thanksgiving testing event in Bismarck on Tuesday, Nov. 24. Kyle Martin / The Forum North Dakota health officials are monitoring for a new strain of COVID-19 that was confirmed in Colorado and California in the last few days and which experts say may be more contagious than the viral strains that have driven the pandemic so far. The Department of Health is not aware of any cases of this new strain in North Dakota at this point, but state lab d...

Moorhead Mayor Johnathan Judd reflects on 2020, looks ahead to 2021 - Vimarsana News

Moorhead Mayor Johnathan Judd reflects on 2020, looks ahead to 2021

Moorhead Mayor Johnathan Judd says he will remember 2020 as a year filled with resilience.

Source: kvrr.com
WCI Announces Two New Board Members Representing Clay & Douglas Counties - Vimarsana News

WCI Announces Two New Board Members Representing Clay & Douglas Counties

(Dec 29, 2020) -- West Central Initiative (WCI) welcomes Johnathan Judd of Moorhead and Mark Malingen of Alexandria as new members of its Board of Directors. Board members represent a cross-section of the nine-county region served by WCI for nearly 35 years, says Anna Wasescha, President/CEO. “Jonathan and Mark bring remarkable experience and leadership to our organization,” said Wasescha. “Through their actions, they have demonstrated a commitment to strong, inclusive communities in our region and bring experience that can help us move our mission and vision forward.” Joh...