Federal regulators are proposing a clampdown on payday loan providers as well as other providers of high interest loans

Federal regulators are proposing a clampdown on payday loan providers as well as other providers of high interest loans Federal regulators are proposing a clampdown that is significant payday loan providers as well as other providers of high interest loans, saying borrowers must be protected from methods that find yourself changing into “debt traps” for most. Yet some customer…

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