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How Payday Lenders Target Consumers Hurt by Coronavirus - WSJ

The CFPB has said it intends to drop a proposed lending requirement that would have been one of the first federal rules to protect borrowers using payday and other high-interest loans.

Governments absolutely should destroy this predatory industry.

In absense of such actions, local community credit unions are uniquely positioned to provide much needed financial services in communities that regional and national banks choose not to serve over concerns of risk and profitability.

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