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Notwithstanding regulatory legislation reforms, payday loan providers still use variations of the identical strategies to circumvent rate of interest laws.

23Mar

Notwithstanding regulatory legislation reforms, payday loan providers still use variations of the identical strategies to circumvent rate of interest laws.

Payday loan providers frequently exploit regulatory exceptions towards the calculation for the finance disclosure charge and charge specific extra charges being maybe perhaps not contained in the supposedly all encompassing finance disclosure fee.

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