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

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...

Payday loan fee increase moves out of committee

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.