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Federal regulation against payday loans is primarily due to These systems require all licensed lenders to conduct a real time verification of the customer's eligibility to receive a loan which is the same maximum interest rate for banks and credit unions. Payday lenders also ... Read Article
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E.g., for a $15 charge on a $100 14-day payday loan, it could The Pew Charitable Trusts found in 2013 their study on the ways in which users pay off payday loans that borrowers often took a payday loan to avoid The terms are similar to those of a payday loan; a customer receives a ... Read Article
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