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Report: Subprime lending giant’s add-on “loan protections” put borrowers at risk

Susan Greene -
Leon Martinez never expected to fall prey to a sucker loan. “You read about it. You hear about it happening to people. And you kinda...
Civil Rights

Payday loan fee increase moves out of committee

Joseph Boven -
Expressing concerns that loan sharks may become the new lenders for the poor, and saying they fear the loss of further jobs in a down economy, legislators Tuesday passed a bill to allow deferred deposit loan corporations to retain up-front fees.

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