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Thirty-One States Authorize High-Cost Payday Lending Thirty-two states either enacted legislation authorizing payday advances, did not shut loopholes exploited because of the markets which will make high-cost loans, or deregulated loan that is small speed caps. Payday financing was appropriate in Ohio despite a ballot vote in 2008 that capped rates. The markets switched to …

Thirty-One States Authorize High-Cost Payday Lending Leer más »