After Payday Lenders Skirt State Regulations, Feds Step In

After Payday Lenders Skirt State Regulations, Feds Step In The theory appears not difficult. Businesses lending cash should verify borrowers can in fact manage to pay off loans. But enforcing this type of practice has mainly eluded agencies that are regulatory the post-recession market meltdown has turned out to be a boon for predatory loan …

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