Payday Lenders Spend Big Print
Articles | Business
Written by Quantumlife on Tuesday, 02 March 2010 17:08   

As the Senate prepares to take up financial reform, lobbyists are working to exempt companies that make short-term cash loans from proposed new federal regulations and policing. In state capitals around the country, payday companies have been fighting some 100 pieces of legislation aimed at safeguarding borrowers from high interest rates and from falling into excessive debt.

Read More: AlterNet

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