Payday Loans

Durbin Proposes Cap On Interest Rates For Payday LoansSenator Dick Durbin said today that some of the nation's biggest banks are now offering what are essentially payday loans, with interest rates as high as 400-percent.
FTC Warns Of $5M Debt Collection Phone ScamIt’s a scam so big thousands of people here in Chicago and around the country lost $5,000,000; and the Federal Trade Commission is still adding it up.
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