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Tag Archives: Senator Durbin

The Payday Lending Limitation Act of 2010

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U.S. Senator Kay R. Hagan (D-NC) will introduce legislation soon regarding payday lending. As she says, The purpose of the legislation is to ensure payday lenders can no longer send hardworking families into a spiral of debt. The Payday Lending Limitation Act of 2010 protects borrowers by ensuring that short-term cash advances remain short-term. Senators Richard J. Durbin (D-IL) and ... Read More »

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