Gov. Haley Barbour plans to sign a bill aimed at reducing the 572-percent equivalent interest on payday loans, his office said Monday.
“The legislation has not reached the governor’s office yet, but once it does – unless there’s some unforeseen problem or surprise in it – Gov. Barbour is likely to sign it,” said spokesman Dan Turner.
The groups that wanted payday lending banned in the state are asking for a veto.




