Payday loans — the “lifesavers” that drown you in debt — are on the decline. Fines and regulatory scrutiny over high rates and deceptive practices have shuttered payday loan stores across the country in the last few years, a trend capped by a proposal last summer by the Consumer Financial Protection Bureau to limit short-term...
from NerdWallet
https://www.nerdwallet.com/blog/loans/payday-loans-are-dying-dont-cheer-too-loud/
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