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Payday loan providers resist force to cut prices from about Minnesota

Payday loan providers resist force to cut prices from about Minnesota

— NEAL ST. ANTHONY • Star Tribune file picture

A bill that will cap rates that are payday-loan not likely to get to Gov. Tim Walz’s desk this springtime.

Sen. Gary Dahms, the Republican from Redwood Falls who chairs the Senate Commerce committee, is not likely to allow the reform bill away from committee for a complete Senate vote.

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