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 predatory financing. The balance, SB2409, won passage on a 38-11 vote. Supporters of legislation authored by Sen. Rita Potts Parks, chairwoman for the company and Financial Institutions Committee, tout it in an effort to guarantee loans …