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Moorhead City Council considers cash advance restrictions

Moorhead City Council considers cash advance restrictions

MOORHEAD — The two loan that is payday short-term customer loan providers in Moorhead could be facing added limitations as time goes on.

Moorhead City Council member Heidi Durand, whom labored on the matter for decades, is leading the time and effort due to the fact council considers adopting a city that is new capping rates of interest at 33% and restricting the amount of loans to two each year.