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Discovery 360

One issue with all the payday-lending industry—for regulators, for loan providers, for the general public interest—is so it defies easy financial instinct.

One issue with all the payday-lending industry—for regulators, for loan providers, for the general public interest—is so it defies easy financial instinct. As an example, generally in most companies, more competition means reduced costs for customers. That maxim certainly helped guide the deregulation associated with fringe financing business when you look at the 1990s—and some […]