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Another 24.2 million households, or close to 19%, were “underbanked,” meaning they had a bank account but also used other financial services like money orders, check cashing or payday loans. Although.

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A trade group for online payday lenders has started to comb the Internet for sites. after The Los Angeles Times reported in May that many websites advertising online loans say customers are not.

“So I was talking to the Maryland Council for Economic Education about that. For the for profit program, it’s not necessarily about making a profit. “We found that payday loan companies charge, on.

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