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Legislation aimed to rein in ‘Wild West' payday lending

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Legislation
Saturday, March 17, 2012
Sen. Jeff Merkley, D-Ore., plans to introduce federal legislation to establish strong rules for payday lenders and close loopholes on online and offshore payday lending sites. Read on for more on this legislation and to find out what Merkley said to Richard Cordray regarding the CFPB's role in this matter.

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