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Loan providers was moving forward the businesses so you’re able to cost loans which may be just as severe to your battling anyone, the new Pew Charity Trusts cautioned Thursday. (SETH PERLMAN / Related Drive)
Pew, a beneficial nonprofit social plan look category, are contacting the consumer Monetary Shelter Agency and state governing bodies so you’re able to ban a number of the harshest interest levels and costs in the a time when the brand new government service was given new statutes having short-name money people pull out when desperate for currency anywhere between paychecks. Continue reading « Repayment funds exactly as high-risk since pay day loan, Pew warns »