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Mississippi Senate passes bill to enhance vehicle title-lending

By TED CARTER

The Mississippi Senate authorized installment-loan legislation Wednesday that supporters say creates options for cash-strapped borrowers but has opponents stressing it expands lending that is predatory.

Supporters of legislation authored by Sen. Rita Potts Parks, chairwoman associated with the company and Financial Institutions Committee, tout it in order to make sure loans that are short-term available following the U.S.

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