Paycheck creditors derided an investigation launched last week with the Center for Responsible financing that said the <a href=""></a> common payday borrower invests $793 for a $325 mortgage

The document, entitled “Financial Quicksand,” believed payday financial institutions secure $4.2 billion annually by recharging extreme costs, it advised a 36% limit the personal loans’ interest rate.

Steve Schlein, a spokesman...

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