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Is Legislation the clear answer to America’s Cash Advance Addiction?

Is Legislation the clear answer to America’s Cash Advance Addiction? (Picture: Thomas Hawk/Flickr) The other day, the buyer Financial Protection Bureau, the federal watchdog agency faced with protecting Americans from economic exploitation, proposed long-awaited new regulations from the lending industry that is payday. Beneath the new laws, payday loan providers will be necessary to validate an ability that is applicant’s …

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