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Despite new law, subprime credit cards and payday loans can still be very dicey
You can still get credit if your finances are a mess. It will just cost dearly. A sweeping credit card law that took effect yesterday is supposed to prevent banks from employing tactics that push borrowers deeper into debt. Yet loans and cards with crushing terms still beckon.
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New coalition fights payday loans
A number of social policy groups have joined forces in a campaign to put limits on payday lending in Texas.
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Payday loan initiative draws praise, criticism in Great Falls
Proponents of an initiative that would cap the interest rate for payday and title loan lenders held a rally in Great Falls on Wednesday.
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Local Literary Horizon Filled with Fellatio, Famine, and Subprime Loans
East Bay authors and East Bay publishers are pumping out new books about economic apocalypse, oral sex, and baby animals. [ Subscribe to the comments on this story ]
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Should “Payday Loans” Be Outlawed?
Over the years I’ve seen many articles critical of the short-term financial product commonly known as a “Payday Loan.” They have been termed abusive for their high interest rates and the fact that people often have multiple loans and fall...
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AboutPaydayLoan.com Wants Payday Loan Content Contributors
Today the website officially announced that it is looking for payday loan content contributors in order to bring more payday loan education to its users. The website has formed an alliance with other payday loan sites, such as Payday Loans Max, and payday loan blog, in order to advocate responsible payday lending.
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State payday loan fight a Madigan family affair
The Watchdogs: The effort to crack down on "payday loans" in Illinois claimed a big victory in the Legislature last spring: passage of a state law setting new caps on the high interest rates lenders charge and also expanding the state's tracking system to help ensure that consumers don't end up borrowing more than they can repay.
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