Payday Borrowing’s Debt Spiral to Be Curtailed – New York Times

New York TimesCredit Seth Lowe for The New York Times. The payday loan industry, which is vilified for charging exorbitant interest rates on short-term loans that many Americans depend on, could soon be gutted by a set of rules that federal regulators plan to unveil … and more …read more From:: New York City News […]

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