brand New U.S. guideline on pay day loans to harm industry, boost banking institutions: agency

brand New U.S. guideline on pay day loans to harm industry, boost banking institutions: agency WASHINGTON (Reuters) – profits for the $6 billion cash advance industry will shrivel under a unique U.S. guideline limiting lenders’ ability to benefit from high-interest, short-term loans, and far associated with company could proceed to little banking institutions, in accordance …

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