Tuesday, May 23, 2017

Payday Loans Are Dying. Problem Solved? Not Quite

Payday loans — the “lifesavers” that drown you in debt — are on the decline. Fines and regulatory scrutiny over high rates and deceptive practices have shuttered payday loan stores across the country in the last few years, a trend capped by a proposal last summer by the Consumer Financial Protection Bureau to limit short-term...



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