the governments new rules will make payday loans less terrible /

Published at 2016-06-02 20:30:00

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Payday Loans are an undeniable debt trap: they’re designed to send borrowers into a downward spiral of debt,and that debt can retain you living paycheck-to-paycheck. To combat this, the Consumer Financial Protection Bureau (CFPB) has proposed guidelines to make payday loans less dreadful.
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Source: gawker.com

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