Stop Rent-a-Banks
in Minnesota!

In Minnesota, out-of-state banks are taking advantage of people who are living paycheck to paycheck with unfair lending practices. They offer loans that seem helpful but actually make things worse by charging extremely high-interest rates (as much as 350%).

Last year, Minnesota put a limit on how much lenders can charge on small dollar loans, but they're finding ways around it by using a "rent-a-bank" trick allowed by federal law. We can stop this by closing the loophole and making these out-of-state banks follow Minnesota's rules. Let your legislators know you want this fixed by writing to them today.