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Friday, March 27, 2015

Payday lenders get squeezed. Stocks plummet - Mar. 26, 2015

About twelve million Americans take out payday loans every year. It's a big -- and controversial -- business.



The U.S. Consumer Financial Protection Bureau called these loans "debt traps" and proposed new rules Thursday to curb the industry's worst practices.



Payday lenders get squeezed. Stocks plummet - Mar. 26, 2015

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