Brand New U.S. guideline on pay day loans to harm industry, boost banking institutions: agency

Brand New U.S. guideline on pay day loans to harm industry, boost banking institutions: agency Profits for the $6 billion cash advance industry will shrivel under a brand new U.S. rule limiting loan providers’ ability to benefit from high-interest, short-term loans, and far for the company could relocate to tiny banking institutions, in accordance with …

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