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Profiting from recession, payday loan providers spend big to fight legislation

Profiting from recession, payday loan providers spend big to fight legislation Industry actions up lobbying as Senate grapples with financial reform Introduction The influential $42 billion-a-year lending that is payday, thriving from a rise in crisis loans to individuals struggling through the recession, is pouring record sums into lobbying, campaign efforts, and advertising – and having outcomes. Whilst the Senate […]