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The Color of Money | More regulation of payday loans needed – Columbus Dispatch

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The Color of Money | More regulation of payday loans needed
Columbus Dispatch
“Repeat borrowing is the norm, because customers usually cannot afford to pay the loans off on payday and cover their other expenses, so they repeatedly pay fees to renew or reborrow,” a 2013 report from Pew said. “Lenders depend on this repeat ...

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