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payday loan

Issues involving payday loan

The following testimony was delivered by Kerry Smith, CLS Senior Staff Attorney, at the CFPB Field Hearing on Small-Dollar Lending on June 2, 2016. Good morning.  Thank you for the...
Payday loans are an abusive form of lending that traps cash-strapped borrowers into a long-term cycle of debt, which leads to significant harms.  Pennsylvania has one of the strongest laws in...