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The study found payday lenders to target the young and the poor, especially those populations and low-income communities near military bases.
Payday lending is legal in 27 states, with 9 others allowing some form of short term storefront lending with restrictions.Categories: Finance in the United States Hidden categories: CS1 errors: external links CS1 maint: Multiple names: authors list Pages using citations with accessdate and no URL Use mdy dates from November 2015 All articles with unsourced statements Articles with unsourced statements from November 2008.Online loans are predicted to account for 60% of payday loans by 2016.Your bank account is exhausted, your savings account is at zero,.
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