August by Ricardo Lopez , Star Tribune
Brad Rixmann, leader of Burnsville-based Payday America, is a huge regarding the payday financing scene, running the biggest such business when you look at the state. He is a major player in Minnesota politics, having doled out almost $550,000 in state campaign contributions within the decade that is last. As Rixmann’s efforts have become, therefore has their company, aided by state legislation that enables him to charge triple-digit rates of interest on loans that will get as much as $1,000.