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A study by their state of Tennessee discovered over fifty percent of all of the payday loan providers were noncompliant with existing legislation.

A study by their state of Tennessee discovered over fifty percent of all of the payday loan providers were noncompliant with existing legislation. But, the report attributed the higher rate to new legislation “imposed for a newly controlled industry.” It included that the industry “has been really responsive” to violations that are correcting reduced dramatically […]

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