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Minnesota business by the numbers
See Minnesota's top earning companies, CEOs and non-profits
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More than just for paydays
In Minnesota, between 1999-2006, payday lenders made 1 million loans worth more than $215.4 million.
LOCATION OF LOANS:
• Suburbs: 56 percent
• Rural areas: 27 percent
• Twin Cities: 16 percent
A LOT OF REPEAT CUSTOMERS
Recent 12-month data in four states show:
• 90 percent of loans go to borrowers with five or more transactions per year.
• 60 percent go to borrowers with 12 or more transactions per year.
• 24 percent go to borrowers with 21 or transactions per year.
Sources: Minnesota Department of Commerce data, analyzed by the Legal Services Advocacy Project; Center for Responsible LendingRecent Business stories
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Blog: Patent Pending
Lights out at U energy conference. Irony police notified.
Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.
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