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Would a bank pay day loan be any safer?

Would a bank pay day loan be any safer? A “safer” payday loan feels like an oxymoron. Critics have actually branded these notoriously high-cost loans as financial obligation traps that can cause borrowers to get ever much much deeper when you look at the gap. As a result of a recently available regulatory modification, it now are easy for banks to provide little, short-term loans that would be way more secure for borrowers. Whether banking institutions will do therefore continues to [...]

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