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Banning payday loans transmits hopeless borrowers operating to pawn retailers Until 2008, a cash-strapped shoppers in Kansas attempting a, two-week debt from a payday loan company might find on their own spending a large costs. These unsecured short-term loans—often protected with a post-dated confirm and seldom surpassing $500 at a go—carried yearly fraction rates (APR)… Continue reading Banning payday loans transmits hopeless borrowers operating to pawn retailers