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House gives initial OK to new loans from payday lenders – Bradenton Herald

House gives initial OK to new loans from payday lendersBradenton HeraldThe new loans are unsecured, but opponents note that lenders often require direct access to a person’s bank account so they can automatically deduct payments. Mesnard, R-Chandler, said the new loans give people with bad credit an option to borrow when …and more »

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