02/08/2015 10:19 pm ET Updated Feb 08, 2015

Consumer Protection Agency Seeks Limits On Payday Lenders - NYTimes.com


In the world of consumer finance, they are chameleons: payday lenders that alter their practices and shift their products ever so slightly to work around state laws aimed at stamping out short-term loans that can come with interest rates exceeding 300 percent.

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