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Payday Loan Myths

Payday Loan Myths

Payday Loans myth

With the explosion in growth of the payday loan service, many so-called watchdogs and consumer advocates have leaped into the fray to charge payday lenders with any number of heinous abuses of hypothetical underprivileged borrowers. Called everything from unscrupulous lenders to loan sharks, most detractors have played on stereotypes and consumer fears. While they have … Read more

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