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    #26
    I’m sure that there are a number of other firms serving that market. It is simply too lucrative for that not to be the case.

    The combination of such entities being subject primarily to state regulation while being easily able to operate across state lines makes the situation in the US particularly fraught. And perhaps needless to say, the current administration is doing everything in their power to make things even easier for such predators, as they are with the operators of for profit educational institutions, prisons, etc.
    Last edited by ursus arctos; 30-08-2018, 18:07.

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      #27
      Applies also to title loans and other "short term' loans. You can't get a title loan in North Carolina so drive to South Carolina. Higher interest if you live out of state. Missouri is awash with payday loan companies. In a one mile stretch of Belt Highway in St. Joe there are three of them and two pawn shops.

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