In the News

17,776 apply for Katrina recovery program

Feb 26, 2011

South Mississippi’s last Katrina recovery program brought in 17,776 applications for assistance with housing repairs or requests for help with placement of Mississippi cottages.

Coast Housing Director Gerald...

Gov. expected to sign payday loan bill

Feb 22, 2011

Gov. Haley Barbour plans to sign a bill aimed at reducing the 572-percent equivalent interest on payday loans, his office said Monday.

"The legislation has not reached the governor's office yet, but once it...

Payday: Compromise weakens reform

Feb 15, 2011

The House vote Monday for payday lending reform represents precious little reform and appears headed to one of those legislative instances in which "victory" is declared over a problem that remains unsolved


Payday loan bill passes in House

Feb 15, 2011

Compromise legislation that cleared the House Monday would extend the payday lending industry in Mississippi another 2 1/2 years while lowering the equivalent 572 percent interest rate allowed under current law....

House to vote on payday bill

Feb 13, 2011

House Banking Committee Chairman George Flaggs said the House will vote today on whether to adopt payday lending reform to lower Mississippi's 572 percent equivalent interest rate.

The House and Senate...

Proposed payday loan law does little, should not pass

Feb 12, 2011

With conference report now filed on House Bill 455, the payday lending reform debate moves into its final stages. Though some changes have been made, if lawmakers pass the bill, Mississippi will remain home to some...

Gov.'s office: Trip not tied to payday lending bill

Feb 01, 2011

Gov. Haley Barbour met with the nation's biggest payday lender when he traveled last week to South Carolina to seek support for a possible presidential run.

His visit with donors, community leaders and...

Religious, NAACP leaders: Let payday law die

Jan 24, 2011

Mississippi religious leaders called Monday for state lawmakers to let a law sunset that permits payday lenders to charge the equivalent of 572 percent interest.

The Rev. Frank Spencer, chief executive officer...

Payday loan bill amended

Jan 21, 2011

The Senate Banking Committee amended a House bill Thursday aimed at reducing the 572-percent equivalent interest rate on payday loans, making it more palatable to the lenders....

Payday lenders hearing today

Jan 10, 2011

Mississippi lawmakers will hear testimony today on whether the state law enabling payday lenders to charge the equivalent of 572-percent interest rate should expire.

House Banking Chairman George Flaggs...