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Who Does Payday Loans

BankThink Yes, Payday Borrowers Are Forced to get More Loans

Posted by on January 20, 2020 at 12:30 pm

American Banker recently published a line protecting loans that are payday. The writer, Ronald Mann, takes problem with those that state borrowers are “forced” to just just take another loan out, arguing that this word is simply too strong. “Forced” is certainly not too strong a term. Payday loan providers frequently pull re payments directly [...]