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Posted by on Dec 30, 2020 in | 0 comments

Leader in pay day loans makes their presence felt at Minnesota Capitol

Brad Rixmann, leader of Burnsville-based Payday America, is a huge from the lending that is payday, running the biggest such company into the state. He is also a significant player in Minnesota politics, having doled out almost $550,000 in state campaign contributions throughout the decade that is last.

As Rixmann’s efforts have become, therefore has their company, aided by state law that enables him to charge triple-digit interest levels on loans that will get as much as $1,000. Their clients spend on average 277 per cent interest, often borrowing over

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