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Here's Why 1 in 3 College-Age Americans Consider Payday Loans with Interest Rates Over 400%

Wednesday, August 1, 2018
Megan Leonhardt | CNBC
Lisa Stifler

"Payday loans are dangerous and unaffordable for everyone, but borrowers who are just starting out or who are struggling financially — they're the most vulnerable," Lisa Stifler, deputy director of state policy for the Center for Responsible Lending, tells CNBC Make It.