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payday loan dangers

The Protection Paradox: Why We Jail Street Criminals but Let Banks Legally Loot You

April 4, 2025April 1, 2025 by Steve Rhode

What if I told you that the same government that cracks down on street scams is quietly gutting the rules meant to protect your wallet from corporate abuse? Sounds like a conspiracy theory, right? But it’s not. It’s happening right now—right out in the open. Law enforcement will lock up someone for stealing your purse. …

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Categories Banking Tags bank fees, banking regulation, CFPB news, CFPB rollback, CFPB weakened, consumer financial protection, consumer rights in banking, corporate greed, credit card traps, deceptive financial practices, financial abuse, financial deregulation, financial exploitation, financial harm protection, financial injustice, financial scams vs legal exploitation, fintech app risks, government financial protections, how to fight bank fees, legal loan sharks, Military Lending Act, overdraft fees, payday loan dangers, Payday Loans, personal finance regulation, Predatory lending, predatory loan examples, protection paradox, scam vs legal exploitation, why banks charge overdraft fees
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