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Update on Senator Durbin's Proposed Payday Lending Changes - November 25, 2008 (AUSA)
On September 19th, AFSA Leadership met with a staffer of Senator Dick Durbin to discuss his legislation to impose a 36% APR cap on all consumer loand. In that meeting, staff said that the target of the bill was payday loans. Additionally he stated that...Click To Read Full Article
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