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Regulation

Payday Loans – An Evil Financial Service Crying Out for Regulation

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Payday loans – sometimes called same day loans – are one of the fastest growing sectors in the financial industry. And one of the most dangerous. The idea was imported from America, and the past five years has seen demand skyrocket for these products. By their very nature, these loans tend to be targeted at people on lower incomes or those who already have a blighted credit history. But in …

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