Southern Bancorp was a longtime advocate for policies, programs and items that improve household economic safety.

Southern Bancorp was a longtime advocate for policies, programs and items that improve household economic safety.

part of this advocacy includes efforts to eradicate practices that are predatory as payday financing. Within our latest Policy Points edition, “Turning a Cycle of Debt and Dependency into Financial protection: Rerouting Payday Loan Consumers in Mississippi,” we look in the current payday lending environment in Mississippi; highlight the necessity for effective cash advance alternative items and strong asset building policies by showcasing classes discovered in Arkansas; provide policy recommendations for increased economic safety for Mississippians, including payday financing reform; and have a fresh alternative payday loan approach in Mississippi, this new Roots Credit Partnership, that is facilitated by the Mississippi Center for Justice through old-fashioned banking institutions and companies through the entire state. Continuar leyendo «Southern Bancorp was a longtime advocate for policies, programs and items that improve household economic safety.»