Random Feed wrote an interesting post today on
Here’s a quick excerpt
Washington Compromises on Payday Loans February 27, 2009 by Joe Finance After heavy lobbying from both sides, the Washington legislature has struck a compromise bill on payday loans. While we at Check City strongly feel that the industry is self-regulating, we appreciate the legislature for having the sense to not put payday lenders out of business. In other states, initiatives have been proposed to cap interest rates and effectively shut down payday loans in their states. Consumer ad

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