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Last updateWed, 30 Jul 2014 1pm

Gov. Nixon vetoes bills on payday loans, short-term installment lenders

• Payday loan “reform” bill fails to protect consumers, and bill on short-term lenders would restrict local regulatory authority, Governor says
JEFFERSON CITY – Gov. Jay Nixon today vetoed two consumer-lending bills, saying that one bill does not provide true reform to payday lending and the other bill takes away the authority of local government to protect consumers.

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