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Consumer advocates hoped the lenders would be reined in by a new federal consumer financial protection agency, but a bipartisan proposal would largely exempt them from regulation. Payday lenders didn’t cause the economic crisis, but consumer advocates hoped their sky-high interest rates on loans would be reined in as part of a sweeping regulatory overhaul to prevent a repeat of the financial …

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webmaster@technorati.com wrote an interesting post today on
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Military Families Targets of Predatory LendingHuffington Post (blog)According to Warszawski, when people patronize check-cashing outlets, payday lenders or pawn shops looking for quick loans to tide them over, …

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webmaster@technorati.com wrote an interesting post today on
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Military Families Are Targets of Predatory LendingHuffington Post (blog)According to Warszawski, when people patronize check-cashing outlets, payday lenders or pawn shops looking for quick loans to tide them over, …

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webmaster@technorati.com wrote an interesting post today on
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Boston Globe

Brockton activist takes foreclosure woes to BernankeBoston Globe… to do more to prevent foreclosure and stop financing what is known as payday lending, the practice of charging sky-high interest rates for quick loans. …Hub activist asks Fed chief to go easy on homeowners Boston Heraldall 7 news articles »

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webmaster@technorati.com wrote an interesting post today on
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First shots fired in Colorado payday loan warThe Colorado IndependentThat war saw its first real skirmishes Monday at the capitol when roughly 150 payday-loan business owners and employees rallied outside the building in …Bill slashing payday-loan interest clears panel Denver PostPayday lenders: loan sharks or endangered species? Fox 31 KDVR.comPayday loans draw controversy at State Capitol 9NEWS.comall 6 news articles »

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