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Lenders try moving forward the companies in order to repayment finance that can easily be exactly as harsh to your having difficulties anybody, the latest Pew Charity Trusts warned Thursday. (SETH PERLMAN / Associated Press)
Pew, an excellent nonprofit social rules research group, is calling on the user Financial Coverage Bureau and you may state governments so you can ban some of the harshest rates and you can charge at the a time when the fresh federal institution is actually given the new legislation to possess short-label money somebody take out whenever struggling to find currency ranging from paychecks.
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