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lenders who could make small loans at interest rates exceeding those allowed for banks under the normal usury laws. About two … ; small loans ; consumer credit ; usury laws …
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"In the United States, the average loan a person takes out with a payday lender is around $350 for two weeks. For many with access to mainstream forms of credit, they will rarely step into a payday shop, but for the 7.7% of Americans who are totally unbanked or the 17.9% who are under-banked a...
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