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Payday lenders have embraced installment loans to evade laws – nevertheless they might be a whole lot worse

By Paige Marta Skiba and Caroline Malone Installment loans appear to be a kinder, gentler type of their “predatory” cousin, the loan that is payday. But also for customers, they may be much more harmful. Utilization of the installment loan, in which a customer borrows a lump sum payment and will pay straight right right […]

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