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Daily Archives: Feb 21, 2015

Catholic News Service: Payday lending a top obstacle to financial independence for the poor

NewsBy lendjustlyadminFeb 21, 2015

NEWS BRIEFS Feb-13-2015 By Catholic News Service U.S. WASHINGTON (CNS) — You’ve seen the ads that boast of zero percent interest on new-car loans? Well, how would you like to pay back a loan that has 400 percent interest? That’s what’s happening today in the payday lending industry. The federal Consumer Financial Protection Bureau is…

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