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How Are Short Term Loan Providers Regulated?


In recent years, numerous regulations have been placed upon short term lenders in an attempt to protect consumers. The crackdown started with payday loan lenders, who were once renowned for unclear costs, incredibly high interest rates and irresponsible lending. The short-term credit sector was largely unregulated, but that all changed in 2015. Understanding industry standards […]

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Payday Loans Explained – In Depth Article Explaining The Processes Of Payday Loans


Payday loans are a short term cash advance that is given to individuals by qualified lenders. These lenders can include bank institutions, or other financial institutions that cater directly to payday loans. There are a variety of laws and regulations that govern lenders providing payday loans, ensuring that borrowers are not extorted by incredibly high […]

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