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New Payday-Loan Rules Won’t Avoid Predatory Lenders. The proposed rules concentrate on determining capacity to back pay the loans.

New Payday-Loan Rules Won’t Avoid Predatory Lenders. The proposed rules concentrate on determining capacity to back pay the loans. The proposed rules give attention to determining capability to spend the loans straight back. But really enforcing underwriting requirements is more challenging than enforcing particular item security guidelines. a debtor taking right out a $500 loan […]

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