Loan providers can adjust their products or services with astonishing alacrity.

Loan providers can adjust their products or services with astonishing alacrity. In Texas, where legislation is lax, loan providers make significantly more than eight times as many pay day loans as installment loans, based on the many current state data. Contrast that with Illinois, in which the legislature passed a bill in 2005 that imposed quantity of restraints on payday advances. By 2012, triple-digit-rate installment loans into the state...

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