Outpouring of Opposition Fails to Break Payday Lenders ...
Why are lawmakers falling for the payday lenders’ denial that their business is based on trapping people in debt at triple-digit interest rates? Governor Scott should step up where they have stepped back and veto this bill.” Reform passed in 2001 failed to stop the cycle of debt that payday lending intentionally creates. In Florida, over 83% of loans go to people with seven or more loans ... ................
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