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CFPB Finds Four Away Of Five Pay Day Loans Are Rolled Over Or Renewed

CFPB Finds Four Away Of Five Pay Day Loans Are Rolled Over Or Renewed Studies have shown almost all of pay day loans are created to Borrowers Caught in a Revolving Door of financial obligation WASHINGTON, D.C. — Today, the buyer Financial Protection Bureau (CFPB) issued a study on payday lending discovering that four away from five loans that are…