Chaminade http://news.stlpublicradio.org en Morning headlines: February 7, 2012 http://news.stlpublicradio.org/post/morning-headlines-february-7-2012 <p><strong>More time to pay off payday loans under proposed</strong></p><p>Payday loans are unsecured loans of $500 or less that must be paid off within 31 days.&nbsp; Sen. John Lamping, a St. Louis County Republican, told a Senate committee Monday that people should get at least 90 days to pay off those loans. The bill would also make it illegal for payday lenders to roll over or extend loans beyond 90 days.</p> Tue, 07 Feb 2012 15:39:53 +0000 Julie Bierach, Illinois Public Radio & The Associated Press 3018 at http://news.stlpublicradio.org Morning headlines: February 7, 2012