Local Agencies Campaign to Qualify Two Ballots

7 years 3 weeks 3 days ago Saturday, January 28 2012 Jan 28, 2012 Saturday, January 28, 2012 12:20:00 PM CST January 28, 2012 in News
By: Ashley Carr
loading

COLUMBIA -  Missourians for Responsible Lending and Give Missourians a Raise along with other groups and community members came together to launch a campaign to qualify two ballots for November on Saturday.

 Volunteers for Missourians for Responsible Lending are collecting signatures to cap annual payday and other small loan interest rates at 36 percent. They hope that by capping the interest rates, they can help put a stop to predatory lending which has characteristics like high interest rates, excessive fees, and low consideration for a  borrower's ability to repay. Most predatory lenders target people of color, low-income families, and people with disabilities.  These high interest rates often send borrowers into a cycle of debt. For example, in Missouri, the average percentage rate of interest is 444.61 percent. This mean if a person were to borrow 500 dollars for a month, they would end up having to pay 684 dollars. At an interest rate of 36 percent, the borrower would only have to pay 515 dollars back.

Like Missourians for Responsible Lending, Give Missourians a Raise members want to keep community members' pockets full. They are circulating a petition to raise the Missouri minimum wage from $7.25 an hour to $8.25 an hour.

One Columbia Resident is for the raise. Zach Rubin works at a shop in downtown Columbia for minimum wage. He says $7.25 isn't a livable wage. "I think if we raise minimum wage, not only will it help me, but I think we will see a lot more money flowing through Columbia's economy," he said.

 

More News

Grid
List
COLUMBIA - Rock Bridge High School's "Global Village Week" is a chance for students to come together and teach one... More >>
3 hours ago Friday, February 22 2019 Feb 22, 2019 Friday, February 22, 2019 12:26:00 AM CST February 22, 2019 in News
COLUMBIA - Columbia’s Parks and Recreation Commission met Thursday night to discuss the effects of the increases made earlier this... More >>
5 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 10:36:00 PM CST February 21, 2019 in News
JEFFERSON CITY - If passed, Senate Bill 254 and House Bill 499 would immediately revoke a person's driver license if... More >>
6 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 9:25:00 PM CST February 21, 2019 in News
COLUMBIA - Neighbors in central Columbia are finally seeing a plan for change after decades of advocacy. Columbia Public Works... More >>
8 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 7:50:00 PM CST February 21, 2019 in News
MARCELINE - City Manager Richard Hoon is one of the 1.2 million Missourians without high-speed internet. He doesn’t have to... More >>
8 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 7:38:00 PM CST February 21, 2019 in News
JEFFERSON CITY - University of Missouri System leaders and representatives from each of its four campuses gathered at the state... More >>
9 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 6:42:00 PM CST February 21, 2019 in News
COLUMBIA - A Columbia man's finances were put at risk when he tried to get an update on his refund... More >>
9 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 6:31:00 PM CST February 21, 2019 in News
JEFFERSON CITY - A freshman representative is hoping to add a new elective for Missouri public schools: Bible classes. ... More >>
9 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 6:24:00 PM CST February 21, 2019 in News
JEFFERSON CITY – A Jefferson City woman pleaded guilty Thursday to embezzling more than $65,000 from her employer. Laura... More >>
9 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 6:24:00 PM CST February 21, 2019 in News
COLUMBIA - A woman was killed and another seriously hurt after a head-on crash in Columbia Thursday morning. ... More >>
10 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 5:42:00 PM CST February 21, 2019 in News
JEFFERSON CITY – Lawmakers say home care providers would become more accountable under a bill introduced in a Senate committee... More >>
12 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 3:43:00 PM CST February 21, 2019 in News
COLUMBIA - The Boone County Commission approved a letter of support Thursday to contribute $2 million from county tax revenues... More >>
12 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 3:35:00 PM CST February 21, 2019 in News
COLUMBIA – A new Senate bill would force people who poach wildlife to pay for it, literally, by putting money... More >>
12 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 3:21:00 PM CST February 21, 2019 in News
COLUMBIA - A longtime supporter of the Mizzou New Music Initiative at the School of Music is donating $2.5 million... More >>
16 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 11:32:00 AM CST February 21, 2019 in News
JEFFERSON CITY — Missouri Gov. Mike Parson says state lawmakers are "grandstanding" by holding numerous hearings to discuss a tax... More >>
17 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 10:50:00 AM CST February 21, 2019 in News
RIMINI (AP) — Every day many millions of gallons of water loaded with arsenic, lead and other toxic metals flow... More >>
23 hours ago Thursday, February 21 2019 Feb 21, 2019 Thursday, February 21, 2019 4:21:00 AM CST February 21, 2019 in News
COLUMBIA- The police department held its first meeting Wednesday night to discuss perceived racial disparity issues regarding traffic stops. ... More >>
1 day ago Wednesday, February 20 2019 Feb 20, 2019 Wednesday, February 20, 2019 7:54:00 PM CST February 20, 2019 in News
COLUMBIA - ABC Chinese Cuisine reopened Wednesday following an investigation and clean-up after a person was found dead inside of... More >>
1 day ago Wednesday, February 20 2019 Feb 20, 2019 Wednesday, February 20, 2019 7:31:00 PM CST February 20, 2019 in News
Columbia, MO
Broken Clouds 30°
4am 30°
5am 30°
6am 29°
7am 30°