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Payday loan providers make an effort to ‘sneak’ into regulation-light sandbox, appropriate help solicitors warn

Payday loan providers make an effort to ‘sneak’ into regulation-light sandbox, appropriate help solicitors warn

A nationwide trade team for payday loan providers is asking state officials to ignore state rules regulating high-interest loans whilst it actively works to implement laws for the pilot system permitting a small quantity of organizations to provide unique lending options away from existing laws. Continue reading ‚Payday loan providers make an effort to ‘sneak’ into regulation-light sandbox, appropriate help solicitors warn‘

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