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Battle over cash advance industry starts. Obama pushes payday financing guidelines in Alabama

Battle over cash advance industry starts. Obama pushes payday financing guidelines in Alabama Federal regulators are proposing an important clampdown on payday lenders as well as other providers of high-interest loans, saying borrowers have to be protected from methods that find yourself changing into “debt traps” for a lot of. Yet some customer advocates s […]

Lewis states the research is “proof” that payday lenders are “grooming” children, a cost he made month that is last to function as the next generation of borrowers urging the federal government to clamp straight straight down from the sector.

Lewis states the research is “proof” that payday lenders are “grooming” children, a cost he made month that is last to function as the next generation of borrowers urging the federal government to clamp straight straight down from the sector. Kiddies had been subjected to 596-million cash advance TV ads a year ago, on average […]