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New Rules Issued for Payday Loans

Thursday, October 12, 2017
Drew Petrimoulx | OzarksFirst.com
Michael Calhoun

“These are exploding loans that are really causing a lot of damage,” Michael Calhoun of the Center for Responsible Lending. Michael Calhoun with the Center for Responsible lending says the loans target people with poor credit and snare them in an endless cycle of interest payments.