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Payday Lenders: Resilient Against State Laws

Whack-a-Mole: How Payday Lenders Bounce Back When States Crack Down by Paul Kiel, ProPublica A version of this story was co-published with the St. Louis Post-Dispatch. In 2008, payday lenders suffered a major defeat when the Ohio legislature banned high-cost loans. That same year, they lost again when they dumped more than $20 million into […]