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A Capitol Hill Fight between the Needy and the Greedy

The multi-dimensional issues wrought by small-dollar, high-cost loans had been taken to the eye of lawmakers serving regarding the effective House Financial solutions Committee at an April 30 Capitol Hill hearing. A witness panel representing bankers, clients, clergy, and basic public policy organizations taught, recounted, reasoned and preached to lawmakers about the rippling and disastrous aftereffects of debt-trap loans. Read more “I found I actually could quite possibly maybe maybe perhaps not find a way to spend the loan back this is certainly first using right out a differnt one” →