The GuardianValley community bankers say payday loans a no-goFresno Business JournalDate explained at the Underbanked Financial Services Forum two weeks ago he believes the banks' sophisticated operating systems and data sets would allow them generate a profit at high interest rates, but still significantly lower than the payday lenders. Let the Market Decide the Price of Payday Loans American Banker (subscription)State should crack down on illegal out-of-state payday lenders: PennLive letters PennLive. comEleven payday lenders to stop offering short-term loans The Guardian PR Newswire (press release) - Allentown Morning Call - Credit Todayall 18 news articles »
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By William James LONDON (Reuters) - A regulatory crackdown on Britain's payday lenders could include an advertising ban, rules on how quickly loans can be made and better data sharing among lenders, lawmakers and regulators said after an industry conference on Monday. The market for short-term loans, designed to be repaid when borrowers receive their wages, has grown rapidly in Britain and other.
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