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Paying Back Payday Loans

Loan providers state regulations applying pay day loan database are ‘excessive,’ but supporters praise it for ‘protecting customers’

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Loan providers state regulations applying pay day loan database are ‘excessive,’ but supporters praise it for ‘protecting customers’

The state’s Financial Institutions Division invited people to consider in Wednesday in the utilization of a state pay day loan database, with detractors calling proposed regulations “burdensome” and supporters arguing these are the best way to protect susceptible families from “predatory” loan providers. Read More