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Senators Introduce Bill to Crack Down on Online Pay Day Loans

Senators Introduce Bill to Crack Down on Online Pay Day Loans

Washington, DC – Today, Oregon’s Senator Jeff Merkley, Senator Tom Udall (D-NM), Senator Dick Durbin (D-IL) and Senator Richard Blumenthal (D-CT) introduced the Stopping Abuse and Fraud in Electronic (SECURE) Lending Act. The SECURE Lending Act would break straight down from the worst methods of this online payday financing industry and provide states more capacity […]

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