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Blunt tells nursing homes to get out of payday loan business

By AP/KWMU

Jefferson City, Mo. – The state has told about 60 Missouri nursing homes to stop running payday loan operations at the homes.

Governor Blunt's office said the nursing homes have offered payday loans to their workers, but they need permission to run another type of business at the home, and the state health department began denying those renewal requests last month.

Blunt said payday loan companies usually charge very high fees and should not be preying on hard-working nursing home employees.

He said rules allow nursing homes to operate activities only directly related to running the homes.

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