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Cracking Down on Predatory Payday Lenders (The New York Times). The predatory industry known as payday lending is finally feeling the bite of state authorities alarmed that low-income borrowers are being gouged into long-term debt running at impossible interest rates of 500 percent and more.
/31/2018News about payday loans. Commentary and archival information about payday loans from The New York Times.
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The ex-head of a South Carolina payday lender came up with a novel way of applying to become the head of the Consumer Financial Protection Bureau — she e-mailed the
Dealing With Debt Collectors. Debt collectors cannot contact you at times they know are inconvenient, Payday Loans Are Illegal In New York.